A Whale Increases Ethereum Short Position Once Again to 57,000 ETH, Liquidation Price at $3,727

BlockBeats News, August 5th, according to EmberCN monitoring, after partial position liquidation, the [Four-Battle ETH 75% Win Rate Whale] has reopened its ETH short position to 50,000 ETH ($1.81 billion). His previously opened 50,000 ETH short position was reduced to 24,000 ETH after deleveraging last night and partial liquidation early this morning. He then began to gradually withdraw ETH and ARB from WhiteBIT and Kucoin, selling on-chain to exchange for 7.21 million USDC and transferring it to Hyperliquid to continue increasing his short ETH position. Currently, after several increases in position, his ETH short position has returned to 50,000 ETH ($1.81 billion).

Shortly after the above transaction operations, the whale once again increased his short position by 7,000 ETH, expanding his holdings to 57,000 ETH, with an opening price of $3632 and a liquidation price of $3727, currently yielding over $2.5 million in profit.