"1011 Insider Whale" suffered a maximum unrealized loss of $22.43 million in 24 hours.
AI Summary1 min read
TL;DR
A whale who shorted after the 1011 flash crash faced a $22.43 million unrealized loss in 24 hours, with ETH making up over 80% of the loss. Despite a $670 million long position now at $12.97 million loss, low liquidation risk due to high margin.
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whaleunrealized loss1011 flash crashETHliquidation risk
According to Odaily Odaily, based on monitoring by on-chain analyst Ai Yi, a whale that shorted the stock after the 1011 flash crash suffered a maximum unrealized loss of $22.43 million in 24 hours. The unrealized loss of its long positions, worth $670 million, has now narrowed to $12.97 million, with ETH accounting for over 80% of the unrealized loss. The single-coin holding is nearly $550 million, and due to the high margin of $129 million, the possibility of liquidation is extremely low.