2026-01-22 05:22:40

On-chain monitoring data shows that during midday on January 22, a large holder with an address starting with 0x322d established a sizable ETH short position at a price of $3011.7—950 ETH, worth approximately $2.86 million.

This order is backed by a 3x leverage configuration, and the current position size remains at 950 ETH, equivalent to $2.87 million. Interestingly, this large holder is currently at a floating loss, with an unrealized loss of about $6,433. However, based on the liquidation price, the counterparty's risk tolerance is relatively sufficient, with the liquidation price set at $4,074—meaning if ETH drops below this level, this short position will face a forced liquidation risk.

ETH-1,44%

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BetterLuckyThanSmart

· 01-24 20:26

Haha, this guy bet against the market and lost. This is the fate of a short seller. I'll just wait and see when this big player cuts their losses. Playing with 3x leverage so aggressively, he's really a tough guy. No wonder he's a big player, setting the liquidation price so low, he's got confidence. This brother probably won't escape being trapped, unrealized losses are already showing. Those betting on a decline must kneel, and this time is no exception. Having a lot of money doesn't necessarily mean having brains; this deal is a perfect example. Just watching it makes me feel exhausted for him, haha.

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CryingOldWallet

· 01-24 18:38

Huh? 3011 is shorted, and there's still unrealized loss? That's hilarious. --- This guy must think the market is terrible; daring to use 3x leverage with 2.86 million. --- Wait, the liquidation price is 4074, which is quite far from the current price... --- Are big players starting to buy the dip on short positions? Luckily, I didn't follow the trend. --- 950 ETH shorts? Something feels off. --- Still holding despite unrealized losses, his mentality is really strong. --- Playing short with 3x leverage, is he betting on luck? --- The liquidation price difference is so big, but it still seems risky. --- This brother must have entered the short at the wrong time; he's still losing money now.

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BlockchainFoodie

· 01-22 05:52

yo, so this whale's basically betting ETH drops below 3k like it's a soufflé that needs perfect timing... 3x leverage on 950 eth? that's playing with fire, not exactly farm-to-fork viability if you ask me

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SerumSquirrel

· 01-22 05:51

The bears are so fierce, yet I still lost. LOL

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Blockblind

· 01-22 05:41

Short brothers, this wave is a bit tough, started losing right after building the position... Looks like they bet on the wrong direction.

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CounterIndicator

· 01-22 05:32

This guy still has a floating loss with 950 ETH. I think he's actually helping us as a reverse indicator, haha.

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DefiOldTrickster

· 01-22 05:32

Hmm... this guy still has a loss after holding 950 ETH? I have to say, that's exactly why I never go long without hedging, really.

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OnchainFortuneTeller

· 01-22 05:31

Big players are a bit too bearish this time. They dared to invest 2.86 million with 3x leverage and ended up with unrealized losses... They want to bet that ETH will continue to fall but got caught on the wrong side.

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