「CZ's Countertrade」 Whale's ETH and XRP Long Positions See Unrealized Losses Expand to $24.93 Million

BlockBeats News, December 7th, according to HyperInsight monitoring, ETH broke below $3,000. The previously reported "CZ's Counterparty" whale (0x9ee) saw the unrealized losses of its ETH and XRP long positions expand to $24.93 million.

The unrealized loss of the ETH long position was $13.55 million, with a position size of approximately $154 million, an average price of $3,201, and a liquidation price of $2,497.2. The XRP long position had a position size of approximately $77.63 million, an average price of $2.29, and an unrealized loss of $11.38 million.

The address had previously bought ASTER on November 2nd after CZ and then opened a large short position with 3x leverage, becoming the largest ASTER short holder at that time. It later closed the position to break even on the 17th and has now switched to ETH long trading, experiencing partial liquidation.