The whale who shorted $50.82 million worth of ETH closed positions at a loss, incurring a $1.6 million loss.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to Jinse Finance, monitored by EmberCN, a whale who used 5 million USDC to short 12,372 ETH with a position value of 50.82 million USD was forced to cut losses and close the position. The opening price was $4,112, liquidation price was $4,427, and the short position was closed this morning at $4,225, resulting in a loss of 1.6 million USD.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
What to Expect From US Stock Markets In the Fourth Week of September
BeInCrypto•2026/09/20 18:45
Kashkari: Strong investment demand often pushes up interest rates
智通财经•2026/09/20 15:01
Crypto prices
More
Bitcoin
BTC
$81,243.66
+0.03%
Ethereum
ETH
$2,642.38
+0.48%
Tether USDt
USDT
$0.9998
+0.01%
BNB
BNB
$773.62
+1.54%
XRP
XRP
$1.41
-0.16%
USDC
USDC
$0.9999
+0.01%
Solana
SOL
$110.88
+0.12%
TRON
TRX
$0.3427
+0.79%
Zcash
ZEC
$1,508.99
+2.19%
Hyperliquid
HYPE
$93.84
+2.33%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now