ETH outperforms the US stock market, whale pension-usdt.eth incurs a loss of $11.102 million from short positions

According to Hyperinsight monitoring, ETH rose by about 2.9% to approximately 1,922.15 US dollars, outperforming US stocks and the semiconductor market. The giant whale pension-usdt.eth opened a short position on 50,000 ETH with 3x leverage, with a nominal size of around 96.105 million US dollars, opening average price at 1,700.06 US dollars, position with an unrealized loss of 11.102 million US dollars, and a liquidation price around 2,176.25 US dollars.