Trader 0xCB92 has increased their Ethereum short position to 50,000 ETH, valued at approximately $171.7 million. The position currently holds unrealized profits exceeding $10 million, with a liquidation price set at $3,634.
The trader previously executed successful ETH shorts on June 11, when ETH declined from $2,880 to $2,120. Following a similar pattern, 0xCB92 initiated another short position as ETH reached $3,940.
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Smart Trader 0xCB92 Expands ETH Short Position to $171.7M
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Trader 0xCB92 has increased their Ethereum short position to 50,000 ETH, valued at approximately $171.7 million. The position currently holds unrealized profits exceeding $10 million, with a liquidation price set at $3,634.
The trader previously executed successful ETH shorts on June 11, when ETH declined from $2,880 to $2,120. Following a similar pattern, 0xCB92 initiated another short position as ETH reached $3,940.
Source: Lookonchain