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"2249 USD shorting ETH" Whale again reduces position with unrealized losses reaching 12.26 million USD, rollover has trapped for five months.
On September 9, according to HyperInsight monitoring, the Whale that shorted ETH at $2249 has again reduced its position by 2760 ETH in the past two days, currently facing unrealized losses of approximately $12.26 million, with a liquidation price of $6336. This Whale entered a position with a 25x short order near $2249 on April 11 this year, and subsequently rolled over, pumping the average entry price to around $2760, until it began gradually reducing its position at the end of August.