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A Whale is shorting 8,000 Ethereum at 20x, currently facing unrealized losses of 5.19 million USD.
According to ChainCatcher news, on-chain analyst Ai Yi (@ai9684xtpa) has monitored that a certain Whale's 20x shorting position on ETH has unrealized losses amounting to 5.19 million dollars. The Whale holds 8,000 ETH (valued at 33.6 million dollars), with an entry price of 3,547.73 dollars and a liquidation price of 4,523.14 dollars, leaving over 300 dollars of space from the current price. Currently, the Whale's margin utilization rate is 50.32%.