Odaily Planet Daily reports, according to on-chain analyst Ai Yi, the address 0xa2e…f1468 began gradually shorting 23,205.35 ETH starting at 23:42 last night, with a position value of $39.03 million and an average entry price of $1,680.80, currently holding an unrealized loss of nearly $17,000.
Address shorted 23,205.35 ETH worth $39.03M, now facing a $17K loss
KuCoinFlashShare
Summary
An ETH market update reveals a major short position of 23,205.35 ETH, valued at $39.03 million, being liquidated in batches beginning at 23:42 last night. The position, opened at an average ETH price of $1,680.80, now faces a floating loss of nearly $17 million. Chain analyst Ai Aye tracked the address 0xa2e…f1468, highlighting ongoing volatility in ETH price movements.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.