Huoxing Finance reports that, as of April 21, according to Hyperinsight monitoring, over the past half-hour, the "Silver Iron Head Air Force" address (0x61c) opened a 20x leveraged ETH short position at an average price of $2,314, with a size of 5,181 ETH, equivalent to approximately $12 million, and a liquidation price of $2,790. Address: 0x61ceef212ff4a86933c69fb6aca2fe35d8f2a62b
Whale Opens $12M 20x Leveraged ETH Short Position
MarsBitShare
Summary
Whale 'Silver Ironhead Bear' (0x61c) opened a 20x leveraged short position of 5,181 ETH, worth $12 million. The trade was executed at an average entry price of $2,314, with a liquidation price of $2,790. The whale’s position sizing reflects a high-risk bet on near-term downward pressure on ETH prices.
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.