0xSifu currently holds an ETH short position of US$12.45 million, and the difference between the market price and the liquidation price is less than
On November 2nd, according to Watchers data, a blockchain analysis application, former CFO of Frog Nation, 0xSifu, held a short position in Ethereum worth about $12.45 million in the Synthetix perpetual contract. The current contract market price of Ethereum is $1852, while 0xSifu's average position price is $1675, resulting in a floating loss of nearly $1.2 million. Currently, 0xSifu still has about $1.34 million in margin to maintain the position, and if the market price continues to rise to $2020, the position will face the risk of liquidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Uniswap Hits Record Volume Across Ethereum Layer-2 Networks
BItcoin Could Surpass $150,000 This Cycle, According to VanEck CEO
Bitcoin Price Drop Could Benefit the Market, Expert Says
Analyst Forecasts Bitcoin to Break $110K as Market Cycle Heats Up