#Whale Shorting ETH Loses Millions#
Hot Topic Overview
Overview
Recently, there have been multiple instances of whale short selling losses in the market. One ONDO whale, for example, has liquidated and cashed out $13.58 million over the past 38 days, resulting in a loss of over $3.5 million, a loss rate of 20.7%. Additionally, a whale who shorted ETH on HyperLiquid had a profit of over $15 million four days ago but is currently experiencing a loss of over $1 million. Another swing trader whale has increased their short positions in Bitcoin and Ethereum within half an hour, totaling nearly $38 million, causing their Aave health factor to drop to 1.85. These events demonstrate that whales' market operations are not always profitable and carry significant risks.
Ace Hot Topic Analysis
Analysis
Recently, a series of whale short-selling events have emerged in the market, attracting widespread attention. Among them, the most notable is the case of a whale shorting ETH on the HyperLiquid platform. This whale had a profit of over $15 million four days ago, but currently, it has a loss of over $1 million, with the transformation from profit to loss being shocking. In addition, the transactions conducted by another whale on the ONDO platform have also sparked heated discussion in the market. This whale dumped 10,978,000 ONDO tokens at a price of 13,580,000 USDC in the past 12 hours, resulting in a loss of $3.54 million in just 38 days, with a loss rate of 20.7%. These whales' short-selling actions reflect the market's cautious attitude towards the future trend of cryptocurrencies and remind investors to maintain rationality, operate cautiously, and avoid blindly chasing rises and falling prices.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale shorting ETH resulted in losses, indicating market risk, investors need to operate cautiously.
Whale shorting ETH resulted in losses, which may be related to changes in market sentiment, for example, the recent rise in ETH price has led to losses for short sellers.
Whale shorting ETH resulted in losses, which may also be related to operational errors, such as not setting stop losses, resulting in increased losses.
Whale shorting ETH resulted in losses, reminding investors to invest rationally, not blindly follow the trend, and to manage risk.