Market Today Like Tsunami in upward direction, BUT what about the SHORT POSITIONS? š„¶ This one is trying to stop this tsunami.
This wallet is currently carrying nearly $84M in open perpetual positions and every single dollar of it is leaning against the market.100% short.
The bulk of the storm sits on two trades. An $56.4M $ETH short opened around $3,020, now staring at price near $3,338, bleeding over $5.36M. Alongside it, a $27.4M $BTC short from $91,778, with Bitcoin hovering near $95,225, down almost $1M on that leg alone. Both on 10Ć cross leverage. Liquidation lines are far above, as this is a "BIG FAT WHALE" with lot of Money, ETH around $3,810, BTC near $123K, but the pressure is real.
Total unrealized damage? About $6.37M and counting.
Six hours ago, he add more money as margin, 4.8M USDC deposited, a lifeline to widen the runway and keep the position alive.
It feels less like a trade now and more like a duel. The market keeps climbing. The whale keeps standing there, arms crossed, saying nah, this ends here.
Whether this becomes a legendary fade or a very expensive lessonā¦ weāre watching it happen in real time.
Address:
0x218A65E21EDDeeCE7A9Df38C6bBdd89F692B7Da2
