Recently, a large ETH short position held by a top address has experienced a significant increase in unrealized losses. The 21,820.69 ETH held by this address has an unrealized loss of $1.244 million. The current opening average price is $3,016.84, while the liquidation price is at $3,496.31. From the data, the safety margin between ETH price and the liquidation line is continuously shrinking. Such large positions' fluctuations often attract market attention, as every move by whales can potentially influence market sentiment.

ETH-1,08%

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SleepTrader

· 01-04 20:03

The whales can't hold on anymore; this unrealized loss is just too hardcore.

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ShibaMillionairen't

· 01-02 16:45

The whales are causing trouble again. Is this going to lead to a liquidation?

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ChainChef

· 01-02 16:42

yo that safety margin is getting thin like an overcooked crepe... 124.4k in the red and the recipe's looking risky ngl. whale positioning always simmers something wild into the market broth 👀

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ChainSpy

· 01-02 16:34

Even whales have their limits, huh? Can you stay calm with a floating loss of 1.24 million? I just don't get it.

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VitalikFanboy42

· 01-02 16:33

The whales are losing money again, but I bet they won't get liquidated... should

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