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A Whale Shorted ENA and Other Ethereum Ecosystem Tokens, Accumulating a Total Unrealized Loss of $2.84 Million

2025-08-09 21:54

BlockBeats News, August 9th, According to on-chain analyst Ai Yi (@ai_9684xtpa), starting from the end of July this year, the address that shorted ENA with 5x leverage, "0x9cb...c06ce," is now facing an unrealized loss of $3.288 million. The entry price for the ENA short position was $0.5236 (current price $0.7328).


In addition, this address has also shorted a basket of Ethereum ecosystem tokens including ETH, LDO, MKR, and CRV, with a total unrealized loss of $2.84 million. To avoid liquidation, they have added 1.6 million USDC as collateral to Hyperliquid.

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