#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
Recently, a whale known for its range-bound operations 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. This move has attracted market attention, and whether the whale's addition of short positions signals a further decline in ETH prices is worth close attention from investors.
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 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, indicating that its position is currently relatively safe. The whale's addition of short positions on ETH has attracted market attention, some analysts believe that this may signal that ETH prices will face downward pressure in the short term, while others believe that the whale's position size is huge, its operations may have a significant impact on the market, and need to closely monitor subsequent developments.
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 indicate that the price of ETH will fall in the short term.
The whale's short position is currently underwater, but its liquidation price is $4,197.88, indicating a high level of health.
The whale's win rate in the short term is as high as 82%, making its operations worth watching.