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The swing whale “pension-usdt.eth” is shorting $110 million worth of BTC and ETH, and is currently sitting on an unrealized loss of $15.25 million.
BlockBeats News, April 27 — According to on-chain analyst Yu Jin’s monitoring, the swing whale “pension-usdt.eth” at the beginning of the month shorted three times the value of $110 million in BTC and ETH at the bottom price, resulting in a rebound in prices in April. Now, at the end of the month, his short position has an unrealized loss of $15.25 million.
· Shorted 1,000 BTC at $67,992, now with an unrealized loss of $10.57 million, liquidation price at $99,394.
· Shorted 20k ETH at 2,132, now with an unrealized loss of $4.68 million, liquidation price at $3,400.