#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
Recently, a whale known for its "82% win rate in bands" 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. Its main position address has a health factor of 1.14, with a liquidation price of $4,197.88.
Ace Hot Topic Analysis
Analysis
Recently, a whale known as "82% win rate in the band" 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, currently its average shorting price is $3,475.59, with a floating loss of $4.568 million. Despite this, the health of its main position address is still 1.14, with a liquidation price of $4,197.88. This move has sparked market attention on the price trend of ETH, some analysts believe that the whale's increased short positions may signal a further decline in ETH prices, while others believe that the whale's floating loss may be temporary, and ETH prices still have room to rise.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale adds to short position on ETH, increasing its short position to 23,616 ETH, worth $86.67 million.
The whale's shorting operation may signal a decline in ETH price.
The whale's short position is currently down $4.568 million, but its liquidation price is $4,197.88, indicating good health.
The whale's swing trading win rate is as high as 82%, making its shorting operation worth watching.