ChainCatcher report, according to LookonChain monitoring, the address starting with 0x3386 opened a 25x short position, shorting 6,700 ETH (approximately $14.71 million) at an entry price of $2,209.38, with a liquidation price of $2,218.70. This means that if ETH’s price rises by just about $9, the position will be liquidated. As of the time of writing, the position has an unrealized profit of $115,100.
High-leverage address shorting 6,700 ETH at 25x faces liquidation with a $9 rise in ETH price.
ChaincatcherShare
Summary
A high-leverage address (0x3386...) engaged in aggressive leverage trading by opening a 25x short position on 6,700 ETH (approximately $14.71 million) at $2,209.38. The liquidation price is set at $2,218.70, meaning a $9 increase in ETH’s price could trigger liquidation. As of this report, the position held a floating profit of $115,100. Price movement remains critical for this position, as minimal price fluctuations pose significant risk.
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.