Whale Turns Short on 22,000 ETH at 18x Leverage After $3.26M Loss on Long Position

ETH2.72%

According to on-chain analyst Ai 姨, a whale address (0xa2e...f1468) converted from long to short positions early today, opening an 18x leveraged short with 22,000 ETH valued at approximately $35.57 million. The position was opened at $1,613.1 per ETH and currently carries an unrealized loss of $104,000.

The address previously held an 18x leveraged long position of 21,000 ETH opened at $1,728.5 per ETH, which resulted in a $3.26 million loss before being closed.

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