A Major Whale’s 20x Leveraged Short on Ethereum Has Lost Over $26 Million
According to a report by Jinse Finance, Lookonchain monitoring shows that the whale at address 0x8c58 has shorted Ethereum ($ETH) with 20x leverage and has already incurred losses exceeding $26 million. If he fails to add margin in time, he will face liquidation when the price of Ethereum reaches $5,002.3.
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
The BlackRock address received 16,629 ETH and 300 BTC in the past 10 minutes.
Data: BlackRock received BTC and ETH worth $78.15 million from an exchange in the past 10 minutes
BitMine increases holdings by 20,532 ETH, worth approximately $63.32 million
Trending news
MoreCrypto prices
More
