The Ethereum short position held by "pension-usdt.eth" has achieved a floating profit exceeding $14 million, as reported on June 6. This development follows the decline of Ethereum's trading price below $1,600. The position, which is a 3x leveraged short, has benefited significantly from the recent market downturn, according to Onchain Lens monitoring.
ETH Short Position Yields Over $14 Million Profit Amid Price Drop
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