On August 14, Onchain Lens reported that a whale trimmed a 20x leveraged ETH short to 10,000 ETH, with a new liquidation price of $5680, sustaining significant losses.
On August 14, Onchain Lens reported that a whale with a 20x short Ethereum position reduced their holdings to 10,000 ETH to avoid liquidation. The move resulted in a realized loss of $9.88M and an additional floating loss of approximately $18M.