PANews reported on November 26th that, according to on-chain analyst Yu Jin, the "whale that shorted ETH after CZ posted his ASTER holdings" has reduced his unrealized losses to $16.13 million. His position was only $28 away from his ETH long position's liquidation price of $2595 when ETH fell to a low of $2623 on November 21st, at which time his long position had an unrealized loss of $44 million. It has since rebounded to recover $27.87 million. To break even, his position will need ETH to rise to $3200.PANews reported on November 26th that, according to on-chain analyst Yu Jin, the "whale that shorted ETH after CZ posted his ASTER holdings" has reduced his unrealized losses to $16.13 million. His position was only $28 away from his ETH long position's liquidation price of $2595 when ETH fell to a low of $2623 on November 21st, at which time his long position had an unrealized loss of $44 million. It has since rebounded to recover $27.87 million. To break even, his position will need ETH to rise to $3200.
CZ's unrealized losses on his counterparty whale's ETH long positions have been reduced to $16.13 million.
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PANews reported on November 26th that, according to on-chain analyst Yu Jin, the "whale that shorted ETH after CZ posted his ASTER holdings" has reduced his unrealized losses to $16.13 million. His position was only $28 away from his ETH long position's liquidation price of $2595 when ETH fell to a low of $2623 on November 21st, at which time his long position had an unrealized loss of $44 million. It has since rebounded to recover $27.87 million. To break even, his position will need ETH to rise to $3200.
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