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A well-known Whale shorted 40,000 ETH with 15x leverage, as the ETH price retraced from a high last night, helping him turn a profit.
Gate News bot message, according to monitoring data from @EmberCN, a well-known Whale with three consecutive victories in ETH trading is holding a short position of 40,000 ETH, using 15x leverage, with a total value of 111 million USD. The entry price of this position is 2793 USD, and the liquidation price is at 2938 USD.
Last night, the ETH price peaked at $2880, close to the liquidation line, and then the price fell back. Currently, this Whale's Position has turned profitable, with an unrealized profit of $670,000.
Source: Wu Says
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