High-Probability ETH Whale Adds Another 10,000 Short Positions, Unrealized Profit Reaches $12.25 Million
According to Jinse Finance, Ember monitoring reports that a whale with a 75% win rate over four trades on ETH has increased their short position by another 10,000 ETH three hours ago. The whale now holds a total short position of 50,000 ETH (worth $170 million), with an unrealized profit of $12.25 million. The whale began shorting 20,000 ETH at a price of $3,843 on July 28, and after profiting from the correct direction, started rolling over the position: they added another 20,000 ETH to their short position early yesterday, and increased it by another 10,000 ETH early today. The current position details are: 15x leverage short on 50,000 ETH, position value of $170 million, entry price of $3,634, and liquidation price of $3,634.
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