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A certain whale is shorting ENA and other Ethereum ecosystem tokens, accumulating unrealized losses of 2.84 million dollars.
On August 9, according to on-chain analyst Ai Yi (@ai_9684xtpa), starting from the end of July this year, the address "0x9cb...c06ce" that has been shorting ENA with 5x leverage has now incurred unrealized losses of 3.288 million USD, with its ENA short order entry price at 0.5236 USD (current price 0.7328 USD). In addition, this address has also shorted a basket of Ethereum ecosystem tokens including ETH / LDO / MKR / CRV, currently accumulating unrealized losses of 2.84 million USD. To avoid liquidation, it has supplemented its margin with 1.6 million USDC to Hyperliquid.