New address went all-in shorting approximately 19 million USD worth of ETH 10 minutes ago, liquidation price at 2196 USD

Mars Finance reports that according to Hyperinsight monitoring, an address starting with ‘0x999b’ was created 10 minutes ago. After depositing approximately $700,000, it opened a 25x full position with 8,500 ETH shorts (worth about $19 million) and is still adding to the position. The average entry price for this address is $2,163, with a liquidation price of $2,196. The current unrealized profit is about $80,000.

ETH-1.36%
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