Nemorino.eth’s $25M high-leverage ETH short resulted in a $1.44M loss, marking five consecutive losing trades and steep monthly contract losses.
Whale Nemorino.eth closed a $25x leveraged Ethereum short worth $25 million, incurring a $1.44 million loss. The trader’s account equity has dropped to $570,000 following five straight losing trades, with cumulative contract losses reaching $31.47 million over the past month.