The market rebound seems to have pressured a high-stakes trader into action. 🥹 This whale has just added a 2,000 ETH short position, reflecting heightened activity as the market oscillates.
Within the past 30 minutes, the trader borrowed 3,000 ETH from Aave, selling 2,006 ETH (valued at approximately $7.34M) at an average price of $3,660.9. This move raises their total short position to 23,616 ETH, worth approximately $86.67M, with an average short price of $3,475.59.
However, they are currently facing a floating loss of $4.568M.
The health factor for their primary position is 1.14, and the liquidation price stands at $4,197.88—a critical threshold to monitor.
Addresses:
0x6c2a355929ee1262305e385ad49b84fe5f5a4777
0x2c89a2ee92b9870f55989b4132a58c0e85222d86