coin-img-ETHETH-3.66%coin-img-BTCBTC-2.79%coin-img-UCNUCN+0.34%coin-img-SOLSOL-6.27%coin-img-XRPXRP-4.16%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-6.27%coin-img-ADAADA-7.29%coin-img-ETHETH-3.66%coin-img-BTCBTC-2.79%coin-img-UCNUCN+0.34%coin-img-SOLSOL-6.27%coin-img-XRPXRP-4.16%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-6.27%coin-img-ADAADA-7.29%coin-img-ETHETH-3.66%coin-img-BTCBTC-2.79%coin-img-UCNUCN+0.34%coin-img-SOLSOL-6.27%coin-img-XRPXRP-4.16%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-6.27%coin-img-ADAADA-7.29%coin-img-ETHETH-3.66%coin-img-BTCBTC-2.79%coin-img-UCNUCN+0.34%coin-img-SOLSOL-6.27%coin-img-XRPXRP-4.16%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-6.27%coin-img-ADAADA-7.29%

1011 Insider Whale's 5x Leveraged Long on 120,094 ETH Turns to Loss

The " 1011 Insider Whale"'s 5x leveraged long position on 120,094 ETH turned to a loss on December 11 as Ethereum slipped below $3,200, Hyperinsight data show. The position has a notional value of $383 million, with an unrealized loss of $200,000 after reaching $16.8 million in paper gains yesterday. The whale kept adding to the position, lifting the cost basis to $3,177.89.
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