Data: A major whale shorted approximately $40.7 million worth of ETH with 25x leverage, with a liquidation price of $3,279.57

According to ChainCatcher, Lookonchain monitoring shows that the whale with address starting 0x9626 is on the verge of liquidation after shorting ETH with 25x leverage. The address has already closed part of its position, but still holds a short position of 12,500 ETH (approximately $40.7 million). The current unrealized loss exceeds $2 million.