「Quad-Shorter with 75% Win Rate on ETH」 Goes Short 20x Leveraged on 20,000 ETH, Currently Sitting on $1.12 Million Unrealized Gain

BlockBeats News, July 29th, according to HyperInsight monitoring, the "Four-Battle ETH 75% Win Rate Whale" went short with 20x leverage on 20,000 ETH, currently with a floating profit of $1.12 million. The position is worth $75.76 million, with an opening price of $3,843 and a liquidation price of $3,999.

Previously, in June, he shorted 50,000 ETH, with a peak floating profit of $22.83 million but did not close the position. Not until early July when ETH began to rise rapidly, he closed the short position near the cost line, ending up losing $0.71 million.