An address opened an 18x leveraged short position of 22,000 ETH worth $35.57 million at an entry price of $1,613.1, currently facing a floating loss of $104K. The same address had previously lost $3.26 million on long positions.
According to monitoring by @ai_9684xtpa, an address opened an 18x leveraged short position of 22,000 ETH in the early hours today, with a position value of $35.57 million and an entry price of $1,613.1. The position is currently showing a floating loss of $104K. Notably, the same address had suffered consecutive losses totaling $3.26 million from long positions prior to this move. This large short position signals a strong bearish view on ETH in the short term, though the high leverage also carries significant risk.
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