New wallet opens 20x leveraged short on 23,205 ETH worth $39.03M

PANews, June 14 — Onchain analyst Ai Yi said a newly created address 0xa2e…f1468 began building a short position in ETH at 23:42 last night. The wallet has shorted 23,205.35 ETH using 20x leverage, with a notional position value of $39.03 million. The average entry price was $1,680.80, and the position is currently showing an unrealized loss of nearly $17,000.