#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 in the past half hour 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, indicating that its position is relatively stable.
Ace Hot Topic Analysis
Analysis
Recently, a whale known as "82% win rate" 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, its 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 bearish on ETH's future and believes that its price will continue to fall. However, other analysts have pointed out that the whale's addition could also be a form of arbitrage, and does not necessarily represent a bearish view on ETH's future. Currently, the market has different interpretations of the whale's addition, and its impact on ETH's future is still unclear.
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 be related to the price trend of ETH, with a win rate of 82%.
The whale's short position is currently down $4.568 million, but its main position address is healthy, with a liquidation price of $4,197.88.
The whale's shorting behavior may have some impact on the price of ETH, investors need to carefully observe market dynamics.