A new address is currently facing an unrealized loss of approximately $1.44 million from shorting ETH and ENA.
According to Jinse Finance, OnchainLens monitoring shows that a newly created wallet address has withdrawn 4 million USDC from a certain exchange in the past two days and opened short positions on ETH (15x leverage) and ENA (10x leverage), currently with an unrealized loss of about 1.44 million USD.
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
Zcash Price Targets $1800 as Privacy Demand Fuels Rally
Citadel Securities sounds the alarm: September “curse” combined with cheap options, short-term risk-reward in US stocks deteriorates sharply
September is typically the worst-performing month for U.S. stocks, with the S&P 500's average monthly return at its lowest point of the year. Currently, option prices are also at their cheapest level of the year—combining these two factors makes the risk-reward ratio of buying downside protection particularly attractive.
Arista Networks 10% owner Andreas Bechtolsheim sells USD 60.02 million in common shares
Crypto prices
More
