A whale opens a $2.7 million short position after closing ETH and BTC long positions

02/14 08:32

The giant whale on the derivatives protocol GMX platform (0xe8c19db00287e3536075114b2576c70773e039bd) closed its long positions in ETH and BTC, then opened a short position of 1,000 ETH with a leverage of 9.7 times, a short position of 35 WBTC with a leverage of 21.49 times, and a short position of 35 WBTC with a leverage of 12.8 times Take a short position of 300 WETH. The address opened a total of $2.735 million short positions on February 11, and now has a net worth of $2.575 million. The community speculates that the address may belong to MicroStrategy CFO Andrew Kang.
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