【Blockchain Rhythm】On January 22nd at 17:44, a whale transaction drew attention. An address starting with 0xe505 opened a new short position of 551.44 ETH. Currently, this address maintains a 25x leveraged ETH short position. According to the latest market data, the position size is approximately $1.65 million, with an unrealized profit of about $8,331. It is worth noting that the liquidation price for this short is around $3,073. If the price drops below this level, the whale’s position faces the risk of forced liquidation. Under high leverage, any change in the whale’s position can sway market sentiment.
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ZkSnarker
· 6h ago
well technically, this whale just built a liquidation trap for themselves at 3073... imagine if eth pumps instead lmao. 25x leverage is just asking the market to humble you, ngl
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GasFeeNightmare
· 7h ago
This whale really wants to risk everything, short 551 ETH with 25x leverage? Liquidation price at 3073, just one big bullish candle and it will blow up.
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LiquidatedThrice
· 01-22 11:20
Whales are playing with fire again; with 25x leverage, bankruptcy is not far away.
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StablecoinArbitrageur
· 01-22 11:02
actually, if you run the numbers on this liquidation price... 3073 is basically screaming setup. 25x is where retail goes to die, yet somehow whales think they're smarter than the volatility gods lol
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EarnMoreU
· 01-22 10:52
Damn
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ContractSurrender
· 01-22 10:52
Wow, using 25x leverage to go so big, where's the courage coming from?
Whale opens a new 551 ETH short position with 25x leverage, holding a position worth $1.65 million
【Blockchain Rhythm】On January 22nd at 17:44, a whale transaction drew attention. An address starting with 0xe505 opened a new short position of 551.44 ETH. Currently, this address maintains a 25x leveraged ETH short position. According to the latest market data, the position size is approximately $1.65 million, with an unrealized profit of about $8,331. It is worth noting that the liquidation price for this short is around $3,073. If the price drops below this level, the whale’s position faces the risk of forced liquidation. Under high leverage, any change in the whale’s position can sway market sentiment.