According to monitoring by Lookonchain, whale 0x3386 has opened a 25x leveraged short position on 6,700 ETH (approximately $14.71 million), with an entry price of $2,209.38 and a liquidation price of $2,218.70! ETH only needs to rise by $9 (just 0.42%) to trigger liquidation and force a position close.
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Whale Shorting ETH at 25x Leverage, $9 Increase Triggers Liquidation
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