On July 28th, according to on-chain analyst Yu Jin's monitoring, the "Four-Battle $ETH with 75% Win Rate Whale" once again shorted ETH: 3 hours ago, he transferred 4.68 million $USDC into Hyperliquid, and then opened a 20x leverage short position of 20,000 $ETH (77.43 million USD).
He previously shorted 50,000 $ETH in June, with a highest unrealized profit of 22.83 million USD without closing the position. Not until early July when $ETH began to rise rapidly, he closed the short position near the cost line, resulting in a loss of 0.71 million USD. His position details:
Short 20x leverage 20,000 $ETH, position value 77.43 million USD, entry price 3,843 USD, liquidation price 3,997 USD.
[BlockBeats News]