#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
Recently, a whale known for its range trading has added another 2,000 ETH short positions, bringing its total short position to 23,616 ETH, worth $86.67 million. The whale borrowed 3,000 ETH from Aave and sold 2,006 of them at an average price of $3,660.9. Currently, its average shorting price is $3,475.59, resulting in a floating loss of $4.568 million. Despite this, the whale's position health is still 1.14, with a liquidation price of $4,197.88, indicating that its position is relatively stable.
Ace Hot Topic Analysis
Analysis
Recently, a whale known for its range trading strategy has added another 2,000 ETH short positions, bringing its total short position to 23,616 ETH, worth $86.67 million. The whale borrowed 3,000 ETH from Aave in the past half hour and sold 2,006 of them at an average price of $3,660.9, resulting in a current loss of $4.568 million on its short position. Despite this, the whale's position health remains at 1.14, with a liquidation price of $4,197.88, indicating a relatively stable position. This addition has sparked market attention on the future trend of ETH. Some analysts believe that the whale's addition may signal a further decline in ETH prices, while others believe that the whale's position health is high and its addition may simply be for greater profit.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale added 2000 ETH short positions again, the short position has increased to 23,616 ETH
The average price of whale shorting ETH is $3475.59
Currently, the whale has lost $4,568,000
The win rate of whale shorting ETH is 82%
The liquidation price of whale shorting ETH is $4197.88