Whale shorts $110M worth of BTC and ETH with 3x leverage, currently facing $15.25M in unrealized losses

According to Odaily Planet Daily, as monitored by crypto analyst Yu Jin @EmberCN, the whale address pension-usdt.eth has opened short positions on approximately $110 million worth of BTC and ETH with 3x leverage at the beginning of the month. It is currently facing an unrealized loss of around $15.25 million.

Specifically, the address shorted 1,000 BTC at $67,992, with an unrealized loss of approximately $10.57 million and a liquidation price of $99,394. It also shorted 20,000 ETH at $2,132, with an unrealized loss of approximately $4.68 million and a liquidation price of $3,400.