The Ethereum address pension-usdt.eth is experiencing a significant unrealized loss of approximately $15.73 million on its short positions in Bitcoin (BTC) and Ethereum (ETH), according to Arkham monitoring. The address holds around $125 million in short positions, with $90 million in BTC and $45 million in ETH. These positions were primarily established when BTC was near $67,000 and ETH at $2,100.
The current liquidation prices for these positions are significantly higher, with BTC at approximately $101,000 and ETH at around $3,300, indicating a substantial risk if the market continues to rise. This situation highlights the volatility and potential risks involved in shorting major cryptocurrencies.
Ethereum Address Faces $15.73M Loss on $125M BTC and ETH Shorts
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