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A certain whale address's short position on BTC and ETH has seen its unrealized loss widen to $8.6 million. The address has already added $8 million in collateral to avoid liquidation.
By: theblockbeats.news|2025/09/12 02:12:08
BlockBeats News, September 12th, according to LookIntoChain's monitoring, with the market rebounding, Whale 0x5D2F's BTC and ETH short positions are currently at a floating loss of over $8.6 million. To avoid liquidation, they have deposited $8 million USDC to increase the collateral. Current short positions:
2,041 BTC (approximately $236 million)
500 ETH (approximately $2.25 million)
WLFI New Proposal: Intend to utilize all fees generated from our native liquidity to conduct buybacks on the open market and burn WLFI
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