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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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ETH Surges Past $3,300, Whale Suffers $8.44M Loss from Liquidated Short Position
Gate News bot message, ETH price achieved a significant milestone by surpassing $3,300. A prominent trader identified as Whale 0x2258 experienced substantial losses amounting to $8.44 million within a single day after closing all ETH short positions prior to liquidation. Previously, Lookonchain reported on July 16 that Whale 0x2258 had entered an 18x leveraged short position on ETH, facing potential liquidation if ETH exceeded $3,321.81.