#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
Recently, a whale known for its range 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 incurring a loss of $4.568 million. Despite this, the health of its main position address remains at 1.14, with a liquidation price of $4,197.88. The whale's addition has attracted market attention, and its judgment on the price trend of ETH will have a certain impact on the market.
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. Currently, its average shorting price is $3,475.59, resulting in a floating loss of $4.568 million. Despite this, the whale's main position address health is still 1.14, with a liquidation price of $4,197.88, indicating that its position is currently relatively safe. This addition has attracted market attention, with some analysts believing that the whale may be cautious about the future of ETH and believe that its price may be at risk of falling. However, other analysts believe that the whale's addition may just be part of its swing trading operation and does not necessarily represent its bearish view on the future of ETH. Currently, there are different interpretations of the whale's addition in the market, and its impact on the future of ETH remains to be seen.
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 operation may signal a further decline in ETH prices.
The whale's shorting operation carries risks, with an average shorting price of $3,475.59, currently resulting in a loss of $4.568 million.
The whale's shorting operation may be affected by ETH price fluctuations and market sentiment.