$6.4M Loss on ETH Short Position
A $65 million ETH short position opened with 25x leverage reached a loss of -$6.4 million as the price rallied.
📉 30-day total loss: -$24.3M
📈 Partial recovery in the last 24 hours: +1.45M
The position is still open.
Do you think this position is a strategic hold or a risk that will increase over time?