ChainCatcher report, according to Hyperinsight monitoring, an address starting with '0x999b' was created 10 minutes ago. After depositing approximately $700,000 in principal, it opened a full-position, 25x short on 8,500 ETH (valued at ~$19 million), and is currently continuing to add to the position. The average opening price of this position is $2,163, with a liquidation price at $2,196; the current unrealized profit is approximately $80,000.
New address opens a $19M ETH short position with 25x leverage
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Summary
A new address starting with '0x999b' deposited approximately $700,000 and opened a 25x short position of 8,500 ETH (about $19 million) using aggressive position sizing. The average entry price was $2,163, with liquidation at $2,196. The position currently shows a floating profit of $80,000 and is still being added to, indicating clear position trading strategies as the account continues to scale.
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