Wallet shorted 23,205.35 ETH worth $39.03M, now down about $17K

Huo Xing Finance cited on-chain analyst Ai Yi as saying that wallet 0xa2e…f1468 began building a short position in ETH in batches at 23:42 last night. The position totals 23,205.35 ETH, valued at $39.03 million, with an average entry price of $1,680.80. The trade is currently showing an unrealized loss of nearly $17,000.