WE-Launch「Quad-Short ETH Whale with 75% Win Rate」 Goes 20x Short on 20,000 ETH, Entry Price $3,843
BlockBeats News, July 28th, according to on-chain analyst Yu Jin's monitoring, the "Four-Battle ETH with 75% Win Rate Whale" once again shorted ETH: 3 hours ago, he transferred 4.68 million USDC into Hyperliquid, and then opened a 20x leverage short position of 20,000 ETH (77.43 million USD).
He previously shorted 50,000 ETH in June, with a highest unrealized profit of 22.83 million USD without closing the position. Not until early July when ETH began to rise rapidly, he closed the short position near the cost line, resulting in a loss of 0.71 million USD. His position details:
Short 20x leverage 20,000 ETH, position value 77.43 million USD, entry price 3,843 USD, liquidation price 3,997 USD.
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