PANews reported on April 27 that, according to on-chain analyst Yu Jin, the whale pension-usdt.eth shorted $110 million worth of BTC and ETH at the bottom of the market at the beginning of the month with 3x leverage. After the price rebounded in April, the short position is now showing a floating loss of $15.25 million.
- Shorting 1000 BTC at $67,992 currently results in a floating loss of $10.57 million, with a liquidation price of $99,394.
- I shorted 20,000 ETH at $2,132 and am currently down $4.68 million. The liquidation price is $3,400.
