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TechFlow news, September 13 — According to on-chain analyst EmberCN (@EmberCN), after ETH rose above $4,700, a whale opened a short position worth $50.8 million in ETH.
The whale withdrew 5.1 million USDC from Kraken two hours ago as margin, then opened a short position of 10,796 ETH ($50.81 million) after ETH broke above $4,700.
The short entry price was $4,718, with a liquidation price at $5,087.
According to on-chain analyst EmberCN (@EmberCN), after ETH rose past $4,700, a whale opened a short position worth $50.8 million in ETH. Two hours ago, following ETH's surge above $4,700, the whale withdrew 5.1 million USDC from Kraken as margin to short 10,796 ETH ($50.81 million). The short was opened at $4,718 with a liquidation price at $5,087.
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