An ETH Whale Has Currently Shorted 10,000 ETH, Incurring a Floating Loss of $510,000
According to a report by Jinse Finance, monitored by on-chain analyst Ember, a whale that has repeatedly shorted ETH at the $1,800 peak has currently sold short 10,000 ETH ($17.9 million) at an average price of $1,791, with an unrealized loss of $510,000. In the past hour, he continued to borrow and short another 4,000 ETH, bringing his short position to 10,000 ETH. The average short price is $1,791, with an unrealized loss of $510,000.
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.
You may also like
ETH ICO address transfers nearly $120 million worth of ETH to a new wallet after 10 years
A user spent $5,040 to purchase 1.47 million VEIL tokens in the past three days.
