The address that was shorting ETH with 25x leverage reduced its position by 3,615.9 ETH one hour ago, incurring a loss of $69,000.
According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the address "25x leveraged short ETH" reduced its position by 3,615.9 ETH one hour ago, incurring a loss of $69,000. Currently, the address's ETH short position has dropped to $87.06 million (22,271.47 ETH), with an unrealized profit of $390,000. The entry price is $3,926.95, and the liquidation price is $3,964.83, only $55 away from the mark price.
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
Data: 3 addresses suspected to belong to Bitmine increased their holdings by 72,898 ETH, worth $279 million
GameFi platform DIGI_MineD announces completion of Series A funding round with participation from CGV and others
A certain whale address sold 4,190 ETH at a loss, losing $8.88 million from ETH trades in October.