Exclusive "25x Short ETH Whale" on May 19 🥶
On 05.17, the 2.96 million USDC deposited is now down to only $300,000.
🔹 25x shorting 41,927 ETH: Cut losses with a $2.46 million loss.
🔸 40x longing 166 BTC: Lost $175,000 again in less than an hour.
🔹 25x shorting 3,487 ETH again: Currently floating a profit of $122,000.
The current opening price for the ETH short position is $2,437.7, liquidation price is $2,453.1, with a value of $8.37 million. This address, suspected to belong to Three Arrows Capital, had been dormant for four years. After waking up, it was operated in this manner—perhaps regretting waking up...
Portal:

Has the "25x short ETH whale" that everyone is concerned about been liquidated? ⚡️
Not yet, the address is rapidly reducing its position to avoid liquidation — currently still holding a 25x short position of 9923.29 ETH, valued at $25.4 million, with the latest liquidation price at $2577, which is very risky...
Interestingly, this address seems to be associated with Three Arrows Capital, having transferred funds to its FTX deposit address multiple times, and this is the first operation in four years.
Portal 👉
This article is sponsored by #Gateio | @Gateio_zh

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