PANews reported on November 21 that, according to on-chain data monitoring, the whale who previously profited $10.66 million from shorting ASTER and then went long on ETH/XRP/DOGE has now incurred a floating loss of over $32 million. Specifically, his 15x leveraged Ethereum long position has a floating loss of $19.91 million (5,000 ETH were partially liquidated 6 hours ago due to market decline, current liquidation price $2,539.51), his 10x leveraged XRP long position has a floating loss of $11.85 million, and his 5x leveraged DOGE long position has a floating loss of $1,259. Since the "1011 flash crash," he earned over $39.88 million through seven shorting operations, but subsequently opened long positions, turning a profit into a loss.PANews reported on November 21 that, according to on-chain data monitoring, the whale who previously profited $10.66 million from shorting ASTER and then went long on ETH/XRP/DOGE has now incurred a floating loss of over $32 million. Specifically, his 15x leveraged Ethereum long position has a floating loss of $19.91 million (5,000 ETH were partially liquidated 6 hours ago due to market decline, current liquidation price $2,539.51), his 10x leveraged XRP long position has a floating loss of $11.85 million, and his 5x leveraged DOGE long position has a floating loss of $1,259. Since the "1011 flash crash," he earned over $39.88 million through seven shorting operations, but subsequently opened long positions, turning a profit into a loss.
CZ's counterparty, the whales holding long positions in ETH/XRP/DOGE, have all turned from profit to loss, with current unrealized losses exceeding $32 million.
PANews reported on November 21 that, according to on-chain data monitoring, the whale who previously profited $10.66 million from shorting ASTER and then went long on ETH/XRP/DOGE has now incurred a floating loss of over $32 million. Specifically, his 15x leveraged Ethereum long position has a floating loss of $19.91 million (5,000 ETH were partially liquidated 6 hours ago due to market decline, current liquidation price $2,539.51), his 10x leveraged XRP long position has a floating loss of $11.85 million, and his 5x leveraged DOGE long position has a floating loss of $1,259. Since the "1011 flash crash," he earned over $39.88 million through seven shorting operations, but subsequently opened long positions, turning a profit into a loss.
Market Opportunity
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