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Ether (ETH) Short Shows $48,000 Unrealized Loss on $22.46M Position

The trade had a $2,311.92 entry price, a $2,058.20 take-profit level and a partial stop-loss at $2,750.10.

Mentioned assets
A silver token balances at the end of a tilted steel lever / TokenPost.ai
A silver token balances at the end of a tilted steel lever / TokenPost.ai

An address held a 25x leveraged Ether (ETH) short of 9,700 ETH, worth about $22.46 million, with a $48,000 unrealized loss at 10:04 a.m. ET (14:04 UTC) Oct. 27.

The position’s entry price was $2,311.92. Its take-profit level was $2,058.20, and its partial stop-loss was set at $2,750.10.

The loss was unrealized, reflecting the position at the time of the snapshot.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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