Is everyone concerned about the "25x shorting ETH whale" being liquidated? ⚡️
Not yet, that address is rapidly reducing its position to avoid liquidation — currently still holding 9923.29 ETH in a 25x short position, worth 25.4 million dollars, with the latest liquidation price at $2577, very dangerous...
Interestingly: this address seems to be associated with Three Arrows Capital, having transferred funds to their FTX deposit address multiple times, and this is the first operation after four years of inactivity.
Portal 👉https://hypurrscan.io/address/0xcddf90930aa49231d55538f8f2dac97a562e5f6b…