COINOTAG News reports that the prominent crypto entity known as the Triple ETH 100% Win Rate Whale has expanded its Ethereum short exposure to a substantial $112 million. According to data from Ember monitoring, this position currently reflects an unrealized loss nearing $980,000. In a strategic move approximately 30 minutes ago, the whale transferred an additional 3.375 million USDC into Hyperliquid, bolstering margin capacity to support the increased short position.
The trader has adjusted their leverage from an aggressive 25x down to 15x, signaling a more conservative risk posture amid volatile market conditions. The current short position encompasses 40,000 ETH with an entry price set at $2,793 and a liquidation threshold at $2,938. This adjustment highlights the ongoing tactical maneuvers by large-scale investors to manage exposure in the evolving Ethereum market landscape.