Whale with US$4.56 million in cumulative short losses shorts again, position valued at US$23.13 million
According to on-chain analytics platform Lookonchain (@lookonchain), an address has shorted Bitcoin and Ethereum 14 times over the past five days, incurring losses on every trade for a cumulative total of $4.56 million. It has now executed its 15th short, opening a 300 BTC short position with 40x leverage, valued at $23.13 million.
