A whale shorted ETH with 18x leverage yesterday, and now has a floating loss of $3.5 million

By: odaily.com|2025/07/16 08:41:30

Odaily News According to Lookonchain monitoring, the whale account at the address 0x2258 shorted Ethereum with 18x leverage yesterday, and the position has now lost more than $3.5 million. If the price of Ethereum breaks through $3,321.81, the position will face liquidation risk.