A major whale previously shorted ETH at $2,740 and is now facing an unrealized loss of $21.5 million
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
BlockBeats News, August 18—According to monitoring by @HyperInsight, a whale (0x20c2d9...44f5) previously opened a short position when ETH was priced at $2,740, and added $857,000 in margin five hours ago. The whale's current position exceeds $57 million. Due to market fluctuations, the whale is now facing an unrealized loss of approximately $21.6 million. If ETH rises to $6,073, the position will be liquidated.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$73,969.9
-0.48%
Ethereum
ETH
$2,059.96
-1.89%
Tether USDt
USDT
$0.9991
+0.04%
BNB
BNB
$682.05
-0.91%
USDC
USDC
$0.9999
+0.01%
XRP
XRP
$1.06
-2.01%
Solana
SOL
$83.81
-1.05%
TRON
TRX
$0.3173
-0.60%
Hyperliquid
HYPE
$72.55
-1.63%
Zcash
ZEC
$988.97
-14.19%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now