The Ethereum Whale Who Shorted 20x Liquidates Shorts to Avoid Liquidation, Currently Facing $18 Million in Unrealized Losses

BlockBeats News, August 14th, according to Onchain Lens monitoring, a 20x short Ethereum whale this morning avoided being liquidated by reducing the short position, as of the time of writing, its short position reached 10,000 ETH, with a liquidation price of $5680.

It is reported that this whale has already lost $9.88 million in this ETH (20x) short position and still has approximately $18 million in unrealized losses.