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Whale Shorting Ethereum Loses Over $43 Million in a Single Month, Liquidation Price at $4,594

Summary: According to reports, a whale who switched from longing ETH to shorting BTC after losing $35.84 million, then lost another $7.5 million while shorting BTC, has now changed targets to short ETH. In just one month, the whale has lost $43.33 million, leaving less than $1 million in the address. The whale closed all BTC ...

According to reports, a whale who switched from longing ETH to shorting BTC after losing $35.84 million, then lost another $7.5 million while shorting BTC, has now changed targets to short ETH. In just one month, the whale has lost $43.33 million, leaving less than $1 million in the address.

The whale closed all BTC short positions 7 hours ago and opened a short position on ETH: currently shorting 5,432 ETH at a price of $4,485 (approximately $24.5 million), with a liquidation price at $4,594.

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