#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
Recently, a whale known for its range-bound operations 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 health score of its main position address is still 1.14, with a liquidation price of $4,197.88, indicating that its position is currently relatively safe.
Ace Hot Topic Analysis
Analysis
Recently, a whale with a 82% win rate in swing 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 in the past half hour and sold 2,006 ETH at an average price of $3,660.9, resulting in a current floating loss of $4.568 million on its short position. Despite this, the whale's main position address has a health score of 1.14, with a liquidation price of $4,197.88, indicating a relatively stable position. The whale's increased short position on ETH has attracted market attention, with some analysts believing it could be a bearish signal for the recent ETH price rebound. However, others believe the whale may simply be engaging in swing trading and does not necessarily represent a bearish outlook on the future of ETH.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale adds to its short position on ETH, increasing its short position to 23,616 ETH, worth $86.67 million.
The average price of the giant whale's short position is $3,475.59, and it is currently down $4.568 million.
The giant whale's shorting behavior may indicate that the price of ETH will fall in the short term.
The giant whale's short position health is 1.14, and the liquidation price is $4,197.88.