Ether Short's Unrealized Gain Rises to $12.93 Million on 30,000 ETH

A crypto wallet’s short position in 30,000 Ether (ETH) showed about $12.93 million in unrealized gains Nov. 14, after the displayed amount increased about $2.35 million from its earlier level.

An earlier reading put the gain at about $10.59 million. The position remained at 30,000 ETH across both readings, and the increase was roughly 22%. The address associated with the position was 0x15a4f009bb324a3fb9e36137136b201e3fe0dfdb.

The position was still open, so the gain remained unrealized. The 30,000 ETH figure describes the size of the short, while $12.93 million is its displayed paper gain.

In a separate market snapshot, Ether traded at $1,850.79 at 9:43 a.m. ET (14:43 UTC) Nov. 14, down 5.80% over 24 hours.