ImportantWhale Shorting ETH Gets Liquidated for $6.66 Million on Rebound, Remaining Position Nears Forced Liquidation Threshold

On-chain monitoring shows that a whale shorted 13,830 ETH (approximately $32.72 million) at a price of $2,366 at 11 PM local time. By 7:30 AM the following day, ETH rebounded to $2,409, resulting in the forced liquidation of 2,765 ETH (approximately $6.66 million). The address currently holds a remaining position of 11,061 ETH (approximately $26.64 million), with its liquidation price set at $2,419, merely $9 above the current market price.

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ETH

• #Whale
• #Derivatives