#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
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 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 remains at 1.14, with a liquidation price of $4,197.88.
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 and sold 2,006 of them at an average price of $3,660.9, currently averaging a short price of $3,475.59, resulting in a floating loss of $4.568 million. Despite this, the health score of its main position address remains at 1.14, with a liquidation price of $4,197.88. This move has sparked market attention on the price trend of ETH, with some analysts believing that the whale's addition may signal a further decline in ETH prices, while others believe that the whale's floating loss may be a short-term phenomenon and ETH prices still have room to rise. Ultimately, the price trend of ETH will depend on a variety of factors, including macroeconomic conditions, market sentiment, and technical analysis.
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 operation is worth watching.