Data: Whale' unrealized losses on long positions in ETH and XRP have widened to $24.93 million.
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TL;DR
A whale's unrealized losses on ETH and XRP long positions have widened to $24.93 million, with ETH below $3,000. The address previously traded ASTER and now holds ETH positions that have been partially liquidated.
Tags
Smart ContractsLayer 1whaleETHXRPlossescryptocurrency
According to Mars Finance, HyperInsight monitoring shows that ETH has fallen below $3,000, and the previously reported "CZ counterparty" whale(0x9ee) has seen its floating losses on ETH and XRP long positions widen to $24.93 million. Specifically, the ETH long positions have a floating loss of $13.55 million, with a holding size of approximately $154 million, an average price of $3,201, and a liquidation price of $2,497.2. The XRP long positions have a holding size of approximately $77.63 million, an average price of $2.29, and a floating loss of $11.38 million. This address previously bought ASTER on November 2nd and then significantly increased its short positions with 3x leverage, becoming the largest short holder of ASTER at the time. It closed its positions at breakeven on the 17th and has now switched to trading ETH long positions, which have been partially liquidated.