#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
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 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 move has attracted market attention, with many speculating whether the whale is bearish on ETH's future and suggesting that its increased short position could put some pressure on ETH prices.
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. 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 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 it may just be part of its range trading strategy and does not necessarily indicate a decline in ETH prices. Currently, there are still divergent opinions on the future trend of ETH in the market. Investors need to carefully observe market changes and make rational investment decisions.
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 on ETH is $3,475.59, and it is currently down $4.568 million.
The health of the giant whale's short position on ETH is 1.14, and the liquidation price is $4,197.88.
The giant whale's short position on ETH has a win rate of 82%, and its trading strategy is worth watching.