Whale Trader "pension-usdt.eth" Shorts $110 Million Worth of BTC and ETH, Currently Facing $15.25 Million Unrealized Loss

BlockBeats News, April 27th, according to on-chain analyst Wu Jinyu's monitoring, the whale trader "pension-usdt.eth" doubled down on BTC and ETH near the price bottom at the beginning of the month, with a total value of $110 million. However, the price experienced a rebound in April. As the month comes to a close, the short position is now facing a $15.25 million unrealized loss.

· Short 1,000 BTC at $67,992, currently facing a $10.57 million unrealized loss, with a liquidation price of $99,394.

· Short 20,000 ETH at $2,132, currently facing a $4.68 million unrealized loss, with a liquidation price of $3,400.