🔻 Risky ETH Short Trade Alert

A trader, or possibly a bot, is holding a substantial short position on Ethereum valued at $257 million with 15x leverage, and it's now in critical danger.

📉 Key Details:

- Entry Price: $3,618

- Current Price: $3,673

- Liquidation Price: $3,710

- Unrealized Loss: –$4 million (–23.34% ROE)

- Margin Used: $17.15 million

📌 The trade is just $11 away from liquidation, yet no part of it has been closed. In the past, this trader would sell small portions to raise the liquidation level, but this time, they added $14 million to the position instead.

⏳ If ETH reaches $3,710, the entire $17 million margin will be liquidated in seconds.

⚠️ This behavior indicates either extreme confidence, algorithmic management, or a high-risk gamble.

$ETH #Ethereum #Liquidation