A Major Whale Previously Shorted ETH at $2,740 and Is Now Facing an Unrealized Loss of $21.5 Million
According to a report by Jinse Finance, monitoring by @HyperInsight shows that a whale (0x20c2d9...44f5) previously opened a short position on ETH at the $2,740 price level and added $857,000 in margin five hours ago. The total size of this position now exceeds $7.4 million. Due to market fluctuations, the whale is currently facing an unrealized loss of approximately $21.6 million. If ETH rises to $6,073, the position will be liquidated.
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