#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
Recently, a whale known for its range trading 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 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 that its position is relatively safe.
Ace Hot Topic Analysis
Analysis
Recently, a whale known for its 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. Its current average short price is $3,475.59, resulting in a floating loss of $4.568 million. Despite this, the whale's main position address has a health score of 1.14, with a liquidation price of $4,197.88, indicating that its position is currently relatively safe. This move has sparked market attention on the price trend of ETH. Some analysts believe that the whale's increased short position may signal downward pressure on ETH prices in the short term, while others believe that the whale's position is healthy and its shorting behavior may be for short-term gains and will not have a significant impact on ETH prices.
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 whale's shorting behavior may signal that the price of ETH will fall further.
The whale's short position has lost $4.568 million, but its main position address has a health score of 1.14 and a liquidation price of $4,197.88, indicating that its position is relatively safe.
The whale's shorting behavior may be related to the recent rebound in the price of ETH, as it is attempting to profit from the shorting.