According to analyst Ash Analytics, a whale has leveraged a $3 million USDC deposit to 35x, opening total short positions in cryptocurrencies worth $152 million. The trader currently holds 31,093 ETH short positions (worth approximately $99.87 million), with an entry price of $3,270, a liquidation price of $3,264, and a floating profit of $1.8 million. Additionally, the trader holds 563 BTC short positions (worth approximately $52.48 million), with an entry price of $92,623, a liquidation price of $96,057, and a floating loss of $280,000.
Whale Opens $152M ETH and BTC Short Positions with 35x Leverage
TechFlowShare
Summary
According to TechFlow, a whale has opened $152 million in short positions for ETH and BTC using 35x leverage. The trader is shorting 31,093 ETH at $3,270, with the ETH price currently near the $3,264 liquidation level and a $1.8 million profit. The BTC price is above $92,623 as the whale is shorting 563 BTC, facing a potential $280,000 loss if the BTC price rises to $96,057.
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