A certain whale shorted approximately $63.63 million worth of ETH with 3x leverage and is currently facing an unrealized loss of about $900,000.
According to ChainCatcher, crypto analyst Ember @EmberCN has monitored that a whale address recently transferred approximately 30 million USDC to Hyperliquid and established an ETH short position with 3x leverage. The current short position is about 20,000 ETH, valued at approximately $63.63 million, with an entry price of around $3,136. Based on the latest price, the unrealized loss is about $900,000.
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.
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