"CZ’s Counterparty" whale's ETH and XRP long position floating loss expands to $24.93 million

On December 7, according to HyperInsight monitoring, ETH fell below $3,000. The “CZ counterparty” whale (0x9ee), previously reported multiple times, has seen unrealized losses on ETH and XRP long positions expand to $24.93 million. Of this, ETH long positions have an unrealized loss of $13.55 million, with a position size of about $154 million at an average entry price of $3,201 and a liquidation price of $2,497.2. The XRP long position size is about $77.63 million at an average entry price of $2.29, with an unrealized loss of $11.38 million. This address had previously, on November 2, after CZ purchased ASTER, used 3x leverage to heavily short ASTER, becoming the largest ASTER short holder at the time, and closed the position at breakeven on the 17th. Now, the address has shifted to ETH long trades and has been partially liquidated.