Whale Address 0x218 Expands ETH Short Position to 18,875.18 ETH Worth $57.32M

Whale address 0x218 expanded its ETH short position to 18,875.18 ETH worth $57.32 million within half an hour on January 2, on-chain data show. The position has an average entry price of $3,011.83 and currently shows an unrealized loss of $476,000 while generating $537,000 in funding fees, according to on-chain analyst Ai 姨 (@ai_9684xtpa) cited by BlockBeats.