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A Whale Increases Short Positions on ETH and BTC, Total Position Exceeds $200 Million
BlockBeats News, September 7th, according to EmberCN monitoring, a whale who initially went long on ETH and suffered a $35.84 million loss, switched to shorting BTC. Last night, the whale further increased their BTC short position and also added a new short position on ETH. They currently hold a $200 million short position, with a $1.5 million unrealized gain. Their positions are as follows:
Short 1351 BTC at 25x leverage, worth $150 million, entry price $111,292, liquidation price $114,770;
Short 11,800 ETH at 15x leverage, worth $50 million, entry price $4,278, liquidation price $4,798.
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