HE IS SHORT $80 MILLION OF $ETH



Whale “sat0shi777” just shorted $83.5M of ETH at $1540, on over 20x leverage. He’s already down $1.7M and his liquidation price is $1652.

Did he just max short the bottom?
ETH2.59%
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GlassDomeUniverse
· 50m ago
1652 liquidation, current price around 1620, only 2% buffer, if the on-chain gas fee is squeezed a bit, this order may not even have time to react.
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StainedGlassSun
· 1h ago
With 20x leverage, shorting at 1540, liquidation only kicks in at 1652—this stop-loss buffer is pretty generous, but the problem is that ETH liquidity is so bad right now that a wick can trigger liquidation and essentially wipe you out much faster than it “should” based on the logic.
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