ETH Bounces Back, Liquidating Whale's $101 Million Short Position, Just $30 Away from Liquidation

BlockBeats News, May 25th, according to Hyperinsight Monitoring, ETH has rebounded by about 5.67% from Saturday's low and is now trading at $2120 today, approaching the liquidation price of the largest ETH short whale on Hyperliquid. This address shorted 47,603.6 ETH with 23x leverage this morning, with a position value of about $101 million. Currently, the unrealized loss has reached $1.09 million (-24.6%).

Based on the current price, if ETH rises by another $30 to $2149, this $101 million short position will be liquidated. The liquidation price is only about 1.32% away from the current price.

Address: 0x50b309f78e774a756a2230e1769729094cac9f20

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