Bitcoin OG whale opens 5x short position on Ethereum

Source
Uk Jin

Summary

  • A whale investor known as an early investor in Bitcoin (BTC) said they forecast bearishness for Ethereum (ETH).
  • On-chain analyst Lookonchain reported that the whale opened a 5x short position on Ethereum.
  • The short position is estimated at $15.04 million, and the liquidation price was reported as $5,056.5.
Photo=Lookonchain X capture
Photo=Lookonchain X capture

A whale investor known as an early investor in Bitcoin (BTC) forecast a bearish outlook for Ethereum (ETH).

On the 29th (Korean time), on-chain analyst Lookonchain announced on X (formerly Twitter) that "Bitcoin OG opened a 5x short position on Ethereum."

The size of the short position is estimated at $15.04 million, and the liquidation price is $5,056.5.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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