#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 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 a relatively stable position.
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, bringing its average short price to $3,475.59. It is currently experiencing a floating loss of $4.568 million. Despite this, the health score of its main position address is still 1.14, with a liquidation price of $4,197.88, indicating that its position is currently relatively safe. The whale's increased shorting of ETH has attracted market attention. Some analysts believe this may signal a short-term pullback in ETH prices, while others believe the whale's large position size could have a significant impact on the market and should be carefully observed.
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 a decline in ETH price.
The whale's short position is currently down $4.568 million, but its position health is good, with a liquidation price of $4,197.88.
The whale has a high win rate of 82% in its swing trading, making its shorting behavior worth watching.