ETH Whale Cuts 333.19 ETH Short — Facing ~$17.94M Loss and $5,784.94 Liquidation Price

COINOTAG News on September 4 reports that HyperInsight monitoring identified a crypto whale who opened a 25x ETH short near $2,249.7 in April and reduced the position by 333.19 ETH overnight. Continuous rollovers lifted the trader’s average entry to about $2,760, while the contract carried a liquidation price of $5,784.94. After the unwind initiated in late August, the account reflects an estimated unrealized loss of $17.938 million. These on-chain metrics underscore how elevated leverage magnifies counterparty exposure and liquidation risk; all figures are reported by HyperInsight and cited by COINOTAG News.