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A $9 increase triggers liquidation! High leverage address shorts 6,700 ETH at 25x leverage
On April 13, according to lookonchain monitoring, an address starting with 0x3386 opened a 25x short position, shorting 6,700 ETH (approximately $14.71 million), with an opening price of $2,209.38 and a liquidation price of $2,218.7.
In other words, if ETH's price rises by only about $9, his position will be forcibly liquidated.
As of the time of writing, his position has an unrealized profit of $115.1k.