🚨 ETH whale is down $22.91M, short pressure is rising!
A whale with wallet 0x5b5d…c060 is currently sitting on an unrealized loss of nearly $22.91 million from a short ETH position worth over $202 million, with 5x leverage.
The liquidation price is at $3,573.45, about 42.7% away from the current price.
Although it is still far, pressure could build if ETH continues its slight upward trend. Could a short squeeze happen if the price moves closer to the liquidation level? Will this whale cut losses early?
This is not investment advice, everyone—just sharing an on-chain perspective. What do you think?
Follow HotLikeTeam 👉 https://www.binance.com/vi/square/profile/tuanone
#ETH $ETH
A whale with wallet 0x5b5d…c060 is currently sitting on an unrealized loss of nearly $22.91 million from a short ETH position worth over $202 million, with 5x leverage.
The liquidation price is at $3,573.45, about 42.7% away from the current price.
Although it is still far, pressure could build if ETH continues its slight upward trend. Could a short squeeze happen if the price moves closer to the liquidation level? Will this whale cut losses early?
This is not investment advice, everyone—just sharing an on-chain perspective. What do you think?
Follow HotLikeTeam 👉 https://www.binance.com/vi/square/profile/tuanone
#ETH $ETH
