According to BlockBeats, recent data from HyperInsight reveals that three major bearish whales have significantly increased their short positions over the past two hours, resulting in expanding unrealized losses.
The whale associated with the address starting with 0x5d2f44 has increased its Bitcoin short position by $810,000, currently facing an unrealized loss of $9.4 million, with a liquidation price of $127,831.
Another whale, linked to the address beginning with 0x49F306, has added $850,000 to its Ethereum short position, experiencing an unrealized loss of $1.08 million, with a liquidation price of $4,615.
The third whale, connected to the address starting with 0x880ac4, has increased its PUMP short position by 28.13 million tokens, with an unrealized loss of $2.36 million and a liquidation price of $0.005.
The total unrealized losses for these three whales' short positions have exceeded $12.8 million. Market volatility necessitates caution regarding potential forced liquidations.