TradingBeats reported that a crypto derivatives address labeled as belonging to Fasanara Capital held about $125 million in contracts and roughly $6.49 million in unrealized profit, according to a BlockBeats flash. The label identifies the address but does not independently confirm control by Fasanara Capital.
ETH short is the largest exposure
The address had 28 short positions totaling about $123 million, or 98.4% of its reported positions. Its largest was an ETH short of about 26,327 ETH valued at roughly $60.82 million, using 25x leverage. TradingBeats reported an entry price near $2,458.43, unrealized profit around $3.91 million and a liquidation price near $3,353.71.
Other reported shorts included ZEC at about $19.17 million, XMR at $8.98 million, BTC at $6.10 million and SOL at $3.14 million. These are monitoring figures and floating P&L; they do not establish a forecast or prove the account’s ownership.