[Three-time ETH 100% Win Rate Whale] Closed Short Position with $710K Loss, Once Had Peak Unrealized Profit of $22.83M

BlockBeats News, July 10th, according to on-chain data analyst Yu Jin's monitoring, as the ETH price rose, the [Three-Battle 100% Win Rate Whale] liquidated its short position after ETH's price broke above his entry price.

From opening a short position, achieving a peak unrealized gain of $22.83 million, to ultimately losing $0.71 million. The address rode an "extremely steep" rollercoaster during this ETH shorting process.

The address opened a short position for 50,000 ETH on June 11th and had been holding the short position since then. When ETH dropped to $2,200 on June 23rd, the position reached a peak unrealized gain of $22.83 million.

Until today, when the ETH price rose above his entry price (around $2,725), he liquidated the entire 50,000 ETH position at a price of $2,740, resulting in a loss of $0.71 million. This broke his perfect record but currently still maintains an overall profit of $4.88 million from ETH.