A massive whale executes one of the boldest and riskiest short trades on Ethereum!
The trade was as follows:
38,810 ETH worth 71.65 million dollars
With 25x leverage (very high risk)
Entry price: 2,241.39 dollars
Current unrealized profit: 15.37 million dollars
Liquidation price: 2,446.9 dollars (if the price goes up by only 9%)