A whale’s ETH short position has turned profitable due to the price pullback, currently showing an unrealized gain of $670,000
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According to on-chain analyst Ember, last night the price of ETH peaked at $2,880, coming close to the liquidation price of $2,938 for the "Three-Time ETH 100% Win Rate Whale's" 40,000 ETH short position. However, as the price pulled back, his short position has now turned profitable. Currently, he has an unrealized profit of $670,000. His current position: 40,000 ETH short with 15x leverage, position value of $111 million. Entry price is $2,793, and liquidation price is $2,938.
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