An Ethereum whale, identified by on-chain analytics as the ‘ETH 100% Win Rate Whale’, has accrued a floating profit of $12.47 million from a leveraged short position.
This position entails a short on 50,000 ETH, initiated at an entry price of $2,725 per ETH with 10x leverage, magnifying potential gains amid market fluctuations.
The liquidation price for the trade is $2,829, setting a critical risk threshold where the position could face forced closure if market conditions shift unfavorably.