A certain whale with 10x leverage has an unrealized loss of over $6.37 million from shorting BTC and ETH

BTC-5,06%
ETH-6,22%
USDC-0,01%

Odaily Planet Daily reports that according to Lookonchain monitoring, a certain whale (0x218A…7Da2) currently holds a 10x leveraged short position in BTC and ETH, with unrealized losses exceeding $6.37 million. To avoid liquidation, this address has deposited 4.8 million USDC into Hyperliquid.

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