A whale that opened a 25x ETH short position has confirmed a loss of 15.81 million USD, having previously had an unrealized profit of over 20 million USD.

BlockBeats news, on August 9, according to Onchain Lens monitoring, a whale address for a contract starting with 0xcB9 has reduced its ETH (25x) short position and confirmed a loss of 15.81 million USD.

This address had previously made a profit of 20 million USD, but currently has an unrealized loss of 3.3 million USD.