Whale Shorting Ethereum Faces $10.7M Floating Loss, Adds $3.58M USDC to Prevent Liquidation
2025-07-18 07:46:12
Main Idea
An Ethereum whale incurred a $10.7 million floating loss on a short position and added 3.58 million USDC to mitigate liquidation risk, highlighting volatility in the ETH derivatives market.
Key Points
1. A prominent Ethereum whale initiated a significant short position, resulting in a floating loss exceeding $10.7 million.
2. The investor added 3.58 million USDC to the position to reduce the risk of forced liquidation.
3. This event highlights the volatility and risks within the ETH derivatives market.
Description
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$USDC
$0.9986
-0.04%
$ETH
$3614.30
+5.24%
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