The largest ETH short seller "pension-usdt.eth" has taken profit and reduced positions, having closed a total of $20.47 million.
BlockBeats News, June 18 — According to Hyperinsight monitoring, the largest ETH short position on Hyperliquid, held by "pension-usdt.eth", has once again started phased profit-taking. Compared to the reduction of approximately 10 thousand ETH short positions during the first round the previous day, about 1,700 ETH have been reduced this round so far, and as of publishing, reduction continues.
This address previously shorted 60 thousand ETH with 3x leverage, holding a position valued at approximately 107 million USD with an average entry price of 1,810 USD. As of publication, it has cumulatively closed approximately 11.7 thousand ETH (worth about 20.47 million USD) over the past two days, with a current unrealized profit on remaining short positions of around 3.18 million USD.
Address: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AstraZeneca (AZN.US) invests in Summit (SMMT.US), gaining positive outlooks from JPMorgan and Citi: Cancer drug strategy awaits validation
Analysts from JPMorgan and Citi have welcomed the deal between AstraZeneca and Summit Therapeutics, stating that it aligns with AstraZeneca's cancer strategy.
The United States relaxes fuel standards, significantly reducing technology costs for automakers: General Motors (GM.US) is expected to save 20.4 billion dollars, and the price per vehicle may drop by nearly 1,300 dollars.
The United States has relaxed fuel economy standards, allowing automakers to save $60.6 billions in technology costs by 2031, with the cost per vehicle expected to decrease by $1,289.
BUZZ-AAR shares rise as first-quarter results beat expectations
Crypto prices
More
