#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, resulting in a current loss of $4.568 million on its short position. Despite this, the whale's main account address remains healthy with a health factor of 1.14 and a liquidation price of $4,197.88. This move has attracted market attention, and whether the whale's addition of short positions signals a further decline in ETH price is worth close attention from investors.
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 attracted market attention, with some analysts believing that the whale may be bearish on the future of ETH and predicting that the price of ETH may fall further. However, other analysts believe that the whale's increase in positions may simply be for arbitrage and does not necessarily represent a bearish outlook on the overall ETH market. Currently, there are different interpretations of the whale's increase in positions, and its impact on the price of ETH remains to be seen.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale added another 2000 ETH short positions, the short position has increased to 23,616 ETH
The average price of giant whale shorting ETH is $3475.59
Currently, the floating loss is $4,568,000
The health of the giant whale's short position is 1.14
The liquidation price is $4197.88
The giant whale's band winning rate is 82%