- Reported that some whale investors have recorded large losses due to a sharp rebound in the virtual asset market.
- The on-chain analyst said the 20x short Ethereum whale's losses reach $5.19 million.
- The whale's liquidation price is $4,523.14, and Ethereum is trading at $4,197.
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The virtual asset (cryptocurrency) market has rebounded sharply, and some whale investors are recording large losses.
On the 30th, on-chain analyst ai_9684xtpa said via X (formerly Twitter): "A whale investor who shorted Ethereum (ETH) 20x is recording losses of $5.19 million," and "He is still maintaining the position."
The whale's liquidation price is $4,523.14.
As of 10:58 a.m. that day, Ethereum was $4,197, up 1.95% from the previous day according to CoinMarketCap.
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