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A giant whale 20 times leverage short Ethereum has lost more than 26 million dollars

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2025-08-13 01:05:30
According to Lookonchain monitoring, the giant whale with address 0x8c58 has shorted Ethereum ($ETH) with 20x leverage and has lost more than $26 million. If he fails to make a margin call in time, he will face position squaring when the Ethereum price reaches $5002.3.
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