0xSifu currently holds an ETH short position of US$12.45 million, and the difference between the market price and the liquidation price is less than

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Cointime2023/11/02 06:03

By:Cointime

On November 2nd, according to Watchers data, a blockchain analysis application, former CFO of Frog Nation, 0xSifu, held a short position in Ethereum worth about $12.45 million in the Synthetix perpetual contract. The current contract market price of Ethereum is $1852, while 0xSifu's average position price is $1675, resulting in a floating loss of nearly $1.2 million. Currently, 0xSifu still has about $1.34 million in margin to maintain the position, and if the market price continues to rise to $2020, the position will face the risk of liquidation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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