A whale that opened a 25x leverage ETH short position has partially closed its position, confirming a $15.81 million loss. The position had previously seen a peak unrealized gain of over $20 million.

BlockBeats News, August 9th, according to On-chain Lens monitoring, a whale address starting with 0xcB9 has reduced its ETH (25x) short position and confirmed a loss of $15.81 million.

The address had previously made a profit of $20 million at one point and currently has an unrealized loss of $3.3 million in its position.