⚠️ The ~$12.43M ETH short we tracked yesterday has now been largely unwound.
• 109.71 ETH closed (-$3.6K)
• ~$2.49M position partially liquidated (-$50.6K)
• Remaining 5.44K ETH short closed (-$148.6K)
• 290K USDC withdrawn
Total realized loss: ~$209.9K (including fees).
Was this disciplined risk management to limit further losses, or a panic exit as the market moved against the position?$ETH