Whale Profits $17.05M from 25x Leveraged ETH Short Position Amid Market Downturn

ETH0,11%

Gate News bot message, a whale holding an ETH short position with 25x leverage has achieved a floating profit of $17.05M as the market declined. The whale is earning $6.83M in funding profits from this position.

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A certain whale withdrew 11,999 ETH from a CEX after remaining silent for a month and transferred it to staking.

Gate News reported on March 26 that according to Onchain Lens monitoring, a certain whale withdrew 11,999 ETH (approximately $26 million) from a CEX after remaining silent for about one month and transferred it to staking. Currently, the whale holds 22,618 ETH (approximately $49 million) and is in a profitable state with unrealized gains of approximately $1.2 million.

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