The whale of pension-usdt.eth placed a short at the bottom of the month at the beginning of the month, but it seems they've incurred quite a painful loss due to the subsequent rebound. They have an open short position of over $100 million, currently with an unrealized loss of $15.25 million.



They shorted 1,000 BTC around $67,992, resulting in a loss of $10.57 million. ETH is a short of an amount equivalent to $20,000 at $2,132, but this also has a loss of $4.68 million. The liquidation price is also quite high, so if the upward trend continues, it could become a tough situation.

When large positions like these incur losses, they can sometimes impact the overall market, so it's worth keeping an eye on.
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