Two ETH Whales Face Opposite Fortunes: One Profits $106M on Short, Another Loses $17M on Long

GateNewsBot
ETH-1,57%

Gate News bot message, two cryptocurrency whales demonstrate contrasting outcomes in the ETH market. Whale “0x20c” holds an ETH short position with a floating profit exceeding $21 million, achieving total gains over $106 million. In contrast, Whale “0xa5b” maintains an ETH long position, currently facing a floating loss surpassing $19.5 million and an overall loss of $17 million.

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ETH drops below 1950 USDT

Gate News bot message, Gate market display, ETH drops below 1950 USDT, current price 1949.2 USDT.

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Data: If ETH drops below $1,871, the total long liquidation strength on major CEXs will reach $795 million.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,871, the total liquidation strength of long positions on major CEXs will reach $795 million. Conversely, if ETH breaks above $2,065, the total liquidation strength of short positions on major CEXs will reach $544 million.

GateNewsBot3h ago
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