Ten minutes ago, a new address was cross margin to short approximately $19 million worth of ETH, with a liquidation amount of $2,196.

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MarsBit
03-24
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According to Mars Finance, Hyperinsight monitoring shows that an address starting with '0x999b' was created 10 minutes ago. After depositing approximately $700,000 in cross margin, it opened a short position of 8,500 ETH (worth approximately $19 million) with a 25x leverage, and is still adding to its position. The address opened at an average price of $2,163, liquidated at $2,196, and currently has a floating profit of approximately $80,000.

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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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