Whale Addresses Increase Short Positions in ETH and BTC

According to BlockBeats On-chain Detection, recent monitoring by HyperInsight reveals significant increases in short positions by whale addresses in Ethereum (ETH) and Bitcoin (BTC) over the past hour. The address starting with 0x20c2d9 has increased its ETH short position by $849,750.04, currently facing an unrealized loss of approximately $23.1 million, with a liquidation price of $5,028.484. Another whale address, beginning with 0x5d2f44, has increased its BTC short position by about $806,412, with an unrealized loss of around $11.525 million and a liquidation price of $125,243.797. Additionally, the address starting with 0x880ac4 has increased its ETH short position by approximately $1,027,988, currently experiencing an unrealized loss of about $19.754 million, with a liquidation price of $4,817.769.