A whale shorted approximately $18 million worth of ETH using 2x leverage, and its unrealized profit reached $1 million within one hour.

According to Lookonchain monitoring, the address pension-usdt.eth established a 2x leveraged short position in ETH about an hour ago, with a position size of approximately $18 million and a quantity of approximately 6,358 ETH. As the market subsequently fell back, this position is currently showing a floating profit of approximately $1 million.