🐋 ENA whale pockets $1.71M from a massive short—impressive!
Unbelievable! A wallet address, 0x5b5d…c060, just opened a huge short position (betting on the price to fall) worth $ENA , with a notional value of up to ~$8.56 million and around 3x leverage.
What’s remarkable is that they’ve made ~$1.71 million in unrealized profit. With ENA currently at ~$0.1985, I’m guessing this whale entered the position very early, when ENA was still near its peak. The position’s liquidation price (the price at which the assets are automatically sold) is a whopping ~$4.0103—about 1920.2% away from the current price.
Honestly, seeing these numbers leaves me both impressed and on edge. In such a volatile market, making profits this large takes a cool head and incredibly sharp analytical skills. If it were you, would you take profits or keep holding this ENA position?
For informational purposes only—not investment advice. DYOR.
#ENA
Unbelievable! A wallet address, 0x5b5d…c060, just opened a huge short position (betting on the price to fall) worth $ENA , with a notional value of up to ~$8.56 million and around 3x leverage.
What’s remarkable is that they’ve made ~$1.71 million in unrealized profit. With ENA currently at ~$0.1985, I’m guessing this whale entered the position very early, when ENA was still near its peak. The position’s liquidation price (the price at which the assets are automatically sold) is a whopping ~$4.0103—about 1920.2% away from the current price.
Honestly, seeing these numbers leaves me both impressed and on edge. In such a volatile market, making profits this large takes a cool head and incredibly sharp analytical skills. If it were you, would you take profits or keep holding this ENA position?
For informational purposes only—not investment advice. DYOR.
#ENA