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116.7 million dollars in unrealized profit for the shorts—liquidation prices are still set extremely high. Are they convinced a bull market won’t come, or are they waiting for a black swan to crash the market and liquidate?
This address still holds short positions in BTC, ZEC, and ETH, with specific details as follows:
BTC short position valued at approximately $7.39 million, entry average price of $61,622, liquidation price of $175,530, currently with an unrealized profit of about $142,000.
ZEC short position valued at approximately $3.28 million, entry average price of $462.87, liquidation price of $209,000, currently with an unrealized profit of about $279,000.
ETH short position valued at approximately $1 million, entry average price of $1,645.94, liquidation price of $23,459, currently with an unrealized profit of about $6,800.
The total value of these three short positions is approximately $11.67 million, all currently in an unrealized profit state.