A whale with a 25x short position on Ethereum has increased their position, with a liquidation price of $4,384.85.
According to Jinse Finance, monitored by AiYi, the whale who previously shorted Ethereum with 25x leverage increased their position to $57.36 million one hour ago, currently holding 13,808 ETH short contracts with an average entry price of $4,111. As ETH rebounded and broke through $4,155, their unrealized loss expanded to $580,000, with a liquidation price at $4,384.85.
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
Gold prices fall in early Asian trading as market doubts Fed rate cuts
JPMorgan: If Strategy stocks are removed from the index, they may face billions of dollars in capital outflows
AVAX One board approves stock repurchase plan of up to $40 million
JPMorgan: Retail Investors Selling ETFs Is the Main Reason for Bitcoin and Ethereum Price Declines
