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A whale shorted ENA with 5x leverage, resulting in a floating loss of approximately $3.288 million. It also shorted multiple Ethereum ecosystem tokens.
2days ago

According to on-chain analyst Ai Yi, a whale address has been shorting ENA with 5x leverage since late July. The opening price was $0.5236, and the current price is $0.7328, resulting in a floating loss of approximately $3.288 million. The address also shorted Ethereum tokens such as ETH, LDO, MKR, and CRV, resulting in a cumulative floating loss of approximately $2.84 million. To avoid liquidation, the address added 1.6 million USDC to Hyperliquid as collateral since yesterday.