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After the flash crash, the insider whale who went short on ETH now holds over $165 million, and has shifted from profit to loss.
[After the 1011 flash crash, insider whale’s ETH short position exceeds $165 million and has turned from profit to loss] According to on-chain analyst @ai_9684xtpa, the insider whale who opened a short after the 1011 flash crash now holds over $165 million in ETH, and the position has shifted from profit to loss. The latest position is 54,277.33 ETH (approximately $165 million) with an entry price of $3,048.31, currently holding an unrealized loss of $294,000. In addition, there is a limit buy order of 20,000 ETH at the $3,000 level, worth $60 million. If filled, the total position would reach $225 million.