A major whale increases Ethereum short positions to 57,000 ETH, with a liquidation price of $3,727
BlockBeats News, August 5—According to monitoring by EmberCN, after a partial liquidation of his position, the [Four-Time ETH 75% Win Rate Whale] has once again increased his ETH short position to 50,000 ETH ($181 million). Previously, his 50,000 ETH short position was reduced to 24,000 ETH following last night’s position reduction and a partial liquidation early this morning. He then began gradually withdrawing ETH and ARB from a certain exchange, selling them on-chain for 7.21 million USDC, and transferred the funds to Hyperliquid to continue increasing his ETH short position. After several rounds of adding to his position, his ETH short has returned to 50,000 ETH ($181 million).
Shortly after these trading operations, the whale further increased his short position by 7,000 ETH, expanding his total position to 57,000 ETH, with an entry price of $3,632 and a liquidation price of $3,727. He is currently sitting on an unrealized profit of over $2.5 million.
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