The "whale" that was previously holding large positions has reduced its short ETH holdings, and its current position is worth approximately $24.8 million.

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According to Odaily Odaily, on-chain monitoring shows that a "whale" has reduced its ETH short positions by 25x leverage, with a current position size of $24.87 million (7,432.9468 ETH), an average opening price of $3,299.86, and a liquidation price of $3,394.77.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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