ETH Whale Scores $13.88M Floating Profit from 50,000 ETH Short Position with 100% Win Rate

As of July 2, data from HyperInsight reveals a prominent Ethereum whale maintaining a 100% win rate on a substantial short position. This investor currently holds a floating profit of approximately $13.88 million by shorting 50,000 ETH tokens. The position was initiated at an entry price of $2,725 per ETH, leveraging a 10x short strategy, with a liquidation threshold set at $2,829. This sizable trade underscores the ongoing market volatility and the strategic use of leverage within the crypto derivatives market. Monitoring such high-conviction moves provides valuable insight into institutional sentiment and potential price dynamics in the Ethereum ecosystem.