PANews reported on May 18 that according to @ai_9684xtpa, the 25x short ETH whale has not been liquidated yet. The address is reducing its position quickly to avoid liquidation. It currently still holds 9923.29 ETH of 25x short orders, worth $25.4 million, and the latest liquidation price is $2,577, which is very dangerous. Interestingly, this address seems to be associated with Three Arrows Capital, and has transferred funds to its FTX deposit address many times. This is also the first operation in four years of dormancy.
The whale that shorted ETH 25 times is on the verge of liquidation and has reduced its position again
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Author: PA一线
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