Whale Bets Against the Trend by Increasing ETH Short Position, Single Address Faces Unrealized Loss of Over $16 Million

By: theblockbeats.news|2025/08/08 04:52:02
0
Share
copy

BlockBeats News, August 8th, according to HyperInsight monitoring, as ETH once again surged to $4000, some whales chose to add to their short positions against the trend, with their current unrealized losses continuing to expand, including:

The whale with address starting with 0x20c2d9 added $870,000 to their ETH short position, with a current unrealized loss of -$16.78 million (liquidation price $4,903);

The whale with address starting with 0x507561 added $830,000 to their ETH short position, with a current unrealized loss of -$2.16 million (liquidation price $4,488);

The whale with address starting with 0x8af700 added $950,000 to their XRP short position, with a current unrealized loss of -$7.75 million (liquidation price $5.693).

You may also like

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com