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Whale Opens 25x Leveraged ETH Short Position Worth $5.15M, Plans Liquidation Between $2,343 and $2,280

GateNews

ethereum news Derivatives Data

2026-04-23 07:13:45

ETH-0.11%

Gate News message, April 23 — A whale address starting with 0x3bc opened a 25x leveraged short position on ETH over the past three hours, worth $5.15 million with an average entry price of $2,343, according to Hyperinsight monitoring.

After the position moved into a 10% loss, the address placed a take-profit order planning to close the entire short in batches within the price range from the current average down to $2,280.

Wallet address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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