Whale Engages in High-Leverage Ethereum Short Position

On January 20, a whale executed a high-leverage short position involving 2,750 ETH, according to BlockBeats On-chain Detection. The transaction was carried out with a 25x leverage at an average price of $3,117.64 per ETH. Currently, the position is experiencing an unrealized loss of $24,000. The address involved in this transaction is known for its aggressive trading strategy, focusing on short-term market fluctuations and active fund management.