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Whale Shorting ETH 20x, Loses Over $26 Million

Summary: According to reports, whale trader 0x8c58 has lost over $26 million by shorting ETH with 20x leverage, as monitored by Lookonchain. If he does not add more margin in time, he will be liquidated when ETH reaches $5002.3.

According to reports, whale trader 0x8c58 has lost over $26 million by shorting ETH with 20x leverage, as monitored by Lookonchain.

If he does not add more margin in time, he will be liquidated when ETH reaches $5002.3.

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