An ETH Whale Has Currently Shorted 10,000 ETH, Incurring a Floating Loss of $510,000
According to a report by Jinse Finance, monitored by on-chain analyst Ember, a whale that has repeatedly shorted ETH at the $1,800 peak has currently sold short 10,000 ETH ($17.9 million) at an average price of $1,791, with an unrealized loss of $510,000. In the past hour, he continued to borrow and short another 4,000 ETH, bringing his short position to 10,000 ETH. The average short price is $1,791, with an unrealized loss of $510,000.
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