CZ's unrealized losses on his counterparty whale's ETH long positions have been reduced to $16.13 million.

The "whale that shorted ETH after CZ posted his ASTER holdings" has now reduced his unrealized losses to $16.13 million. His position was only $28 away from his long position's liquidation price of $2595 when ETH bottomed out at $2623 on November 21st, at which time his long position had an unrealized loss of $44 million, which has since rebounded to $27.87 million. He will need ETH to rise to $3200 to break even.