🚨 On-Chain Alert: A whale has just heavily shorted BTC and ETH! 🐋



Just a few minutes ago, a whale established a large short position on the blockchain, betting on the market decline. The specific positions are as follows:

BTC

· Quantity: -211.6 BTC
· Entry Price: $78,114.60
· Leverage: 40x full position
· Liquidation Price: $80,684.99
· Margin: $413.1k

ETH

· Quantity: -4000 ETH
· Entry Price: $2,301.48
· Leverage: 25x full position
· Liquidation Price: $2,436.20
· Margin: $368.1k

📊 Currently, both BTC and ETH have slightly decreased in price, and this position has recorded unrealized profits (BTC +$1,826, ETH +$2,744). However, the funding rates are negative (-2,936 USDT) and positive (+53 USDT) respectively, indicating that the cost of holding the short positions is accumulating.
$ETH
ETH-0.43%
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