Data: A whale opened a new short position of 551 ETH, bringing its total open interest to $1.65 million.

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According to ChainCatcher, Hyperinsight monitoring shows that at 17:44 today, a whale with the address starting with 0xe505 opened a new short position of 551.44 ETH. This address currently holds a 25x leveraged ETH short position with a position size of approximately $1.65 million, a floating profit of approximately $8,331, and a liquidation price of approximately $3,073.

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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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