'CZ Counterparty' Whale's ETH and XRP Long Position Floating Loss Expands to $24.93 Million

BlockBeats news, on December 7, according to HyperInsight monitoring, ETH fell below $3,000. The previously reported 'CZ Counterparty' whale (0x9ee) saw its ETH and XRP long position floating loss expand to $24.93 million. Among them, the ETH long position floating loss is $13.55 million, with a position size of approximately $154 million, an average price of $3,201, and a liquidation price of $2,497.2. The XRP long position has a position size of approximately $77.63 million, an average price of $2.29, and a floating loss of $11.38 million. This address had previously, on November 2, after CZ purchased ASTER, used 3x leverage to significantly increase its short position, becoming the largest holder of ASTER short positions at the time. Later, on November 17, it closed the short position at breakeven and has since shifted to trading ETH long positions, which have partially been liquidated.