ChainCatcher reported that, according to monitoring by on-chain analyst @ai_9684xtpa, the address 0xa2e…f1468 began building an ETH short position in batches starting at 23:42 last night. The monitored position totals 23,205.35 ETH, with an estimated position value of approximately $39.03 million.
Average entry price recorded at $1,680.8
The monitoring data shows that the address opened the position at an average entry price of $1,680.8. A batch short position means the address did not establish the full exposure through a single transaction, but instead formed the current short position through multiple entries.
At the time the monitoring information was released, the ETH short position held by address 0xa2e…f1468 was showing an unrealized loss of nearly $17,000. The floating loss refers to the mark-to-market loss on the open position and is not realized unless the position is closed.