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A smart money investor increased his ETH short position with 15x leverage, bringing his total holdings to 50,000 tokens and a floating profit of $12 million.

2025-08-03 00:25

According to Onchain Lens, the smart money "0xcb9" has increased its Ethereum short position again, increasing its 15x leveraged ETH short position by 10,000 ETH. The total short position at this address has now reached 50,000 ETH. Based on the current market price, the notional position is worth approximately $169 million, with a current floating profit of approximately $12 million.