Fasanara Capital The associated address holds approximately 123000000 USD crypto short positions
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AT A GLANCE
BlockBeats, citing monitoring data, reported that an address suspected to belong to Fasanara Capital holds approximately 123000000 USD in short positions, with profit of approximately 6490000 USD。
Article
🔍 On-chain Detective | “Head Bear”Fasanara Capital Unrealized profit from a basket of crypto asset short positions 6490000 USD, with the short positions reaching 123000000 USD BlockBeats reported that October 27, according to TradingBeats monitoring, an address labeled as belonging to Fasanara Capital holds 0x7fda... 17d1 in contract positions, with account equity of approximately 125000000 USD and unrealized profit of approximately 32890000 USD. Of these, the short positions total 6490000 USD positions, worth approximately 28, accounting for approximately 123000000 USD of total positions, reflecting an overall strategy of shorting a basket of crypto assets.
The address’s largest position is currently a 98.4%short position, holding approximately ETH units of 26,327, worth approximately ETH, using 60820000 USD x leverage, with an average entry price of approximately 25 and current unrealized profit of approximately 2458.43 USD, accounting for more than of the address’s total unrealized profit. This 3910000 USD short position uses cross margin, with a liquidation price of approximately ETH.
In addition to 3353.71 USD the address also holds approximately ETH short positions, 19170000 USD ZEC short positions, 8980000 USD XMR short positions, and 6100000 USD BTC short positions; 3140000 USD SOL and others are also included in its short portfolio. Among them, the LIT、PUMP、HYPE、NEAR、kPEPE、WLD、ONDO and LIT、ONDO、PUMP short positions have unrealized profits of approximately NEAR and 742000、551000、311000 respectively, while the 263000 USD；ZRO、ENA、WLD short positions have unrealized losses of approximately 369000、221000 and 128000 USD.
BlockBeats reported that October 27, according to TradingBeats monitoring, an address labeled as belonging to Fasanara Capital 0x7fda... 17d1 holds approximately 125000000 USD in contract positions.
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The report indicates that the address’s account equity is approximately 32890000 USD, with unrealized profit of approximately 6490000 USD。
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The address has a total of 28 short positions, worth approximately 123000000 USD, accounting for approximately 98.4%。
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The largest position is approximately 26,327 units of ETH in a short position, worth approximately 60820000 USD, using 25 x leverage, with an average entry price of approximately 2458.43 USD, and unrealized profit of approximately 3910000 USD。
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According to the report, the ETH short position uses cross margin, with a liquidation price of approximately 3353.71 USD。
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The address also holds approximately 19170000 USD ZEC short positions, 8980000 USD XMR short positions, 6100000 USD BTC short positions, and 3140000 USD SOL short positions.
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LIT、ONDO、PUMP and NEAR short positions have unrealized profits of approximately 742000、551000、311000 and 263000 USD；ZRO、ENA、WLD short positions have unrealized losses of approximately 369000、221000 and 128000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a report monitoring an address’s positions: the address described in the report is primarily betting on declines in the prices of multiple crypto assets and is currently profitable overall on paper. Unrealized profit is only an unrealized gain that has not yet been closed and may change with prices. The largest position is a ETH short position, using 25 x leverage and cross margin.
Why it matters to readers
Approximately 123000000 USD in basket short positions shows the current bearish positioning of a large account, with ETH having the largest exposure. However, the positions of a single address cannot represent the direction of the overall market, nor independently prove that the related assets will fall next.
Beginners can treat this as a clue for observing large positions, not as a direct trading signal. It is important to distinguish realized gains from unrealized profit and understand that high leverage and cross margin amplify the risks arising from price fluctuations.
Risks and unknowns
The address is only labeled as belonging to Fasanara Capital; the original article does not provide confirmation from the person concerned or independent verification.
The position data comes from TradingBeats monitoring relayed by BlockBeats; the original article does not show the verification process.
Unrealized profit changes with market prices and does not mean that approximately 6490000 USD in profit has already been realized.
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The report presents only the current positions of one address and cannot confirm whether it has other addresses, hedged positions, or over-the-counter exposure.
The original article does not state whether these positions were subsequently closed, reduced, or reversed.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
Cross margin centrally manages collateral and risk in the margin account, allowing assets to be borrowed for trading and the overall risk ratio to be viewed.
