High-stakes ETH short could end in $3M loss
Whale trader who previously made $5M from ETH longs and shorts is now on the edge of liquidation.
Shorted 40K ETH
Liquidation price: $2,938
Unrealized loss: $3M
Past wins:
– $1.1M long on May 23
– $1.6M long on June 5
– $2.6M short on June 5
Now ETH is outperforming — and the bold short may backfire.
