The largest ETH short seller "pension-usdt.eth" has started closing positions, recently giving back $5.9 million in unrealized profits due to the rebound.
BlockBeats News, June 16, according to Hyperinsight monitoring, as ETH has continued to rise recently, the largest ETH short position "pension-usdt.eth" on Hyperliquid has given back $5.9 million in unrealized profits within one week, and for the first time activated take-profit within the past half hour.
This address previously shorted 60,000 ETH with 3x leverage, with a position value of about $107 million and an average entry price of $1,810. As of press time, about 2,135 ETH have been closed, with the remaining short position holding $1.24 million in unrealized gains.
Address: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902
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