Iron-Headed Air Force Short 5000 ETH and 50 BTC Again, With $52,000 in Floating Losses

On February 21, according to HyperInsight monitoring, the well-known shorting address 'Iron-Headed Air Force' (0x61cee) re-entered the market, shorting 5,000 ETH worth around $9.88 million at an entry price of $1,968.97. The current floating loss stands at $36,000.

New Trends in Crypto Shorting

In addition, the address also shorted 50 BTC worth around $3.4 million at an entry price of $67,727.5, with a floating loss of $16,000. This indicates some pressure on the overall position.

• ETH short: 5,000 ETH, $36,000 floating loss
• BTC short: 50 BTC, $16,000 floating loss

Historical Position Review

Notably, the address previously held a silver short position for several days, eventually closing it with a loss of $4.79 million, highlighting the risks it has faced amid market volatility.