Svmuu reported that according to monitoring by crypto analyst 余烬@EmberCN, the whale address pension-usdt.eth opened short positions on approximately $110 million worth of BTC and ETH with 3x leverage at the beginning of the month and is currently facing an unrealized loss of about $15.25 million.
Specifically, the address shorted 1,000 BTC at $67,992, with an unrealized loss of approximately $10.57 million and a liquidation price of $99,394; and shorted 20,000 ETH at $2,132, with an unrealized loss of roughly $4.68 million and a liquidation price of $3,400.
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Whale is shorting $110M worth of BTC and ETH with 3x leverage, currently facing an unrealized loss of $15.25 million
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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