#Whale shorts ETH, loses millions#
Hot Topic Overview
Overview
Recently, there have been incidents of whales shorting ETH and losing money. According to Onchain Lens monitoring, a whale shorted ETH on HyperLiquid. Four days ago, it had a profit of over $15 million, but now it faces a floating loss of over $1 million. In addition, another large ONDO whale dumped 10,978,000 ODNO for 13,580,000 USDC in the past 12 hours, losing 3,540,000 (-20.7%) in just 38 days. These events show that the market is highly volatile and even whales are not immune to losses. Investors need to be cautious in their operations.
Ace Hot Topic Analysis
Analysis
Recently, a whale's short position on ETH that resulted in a loss of millions has attracted widespread attention in the market. According to Onchain Lens monitoring, the whale shorted ETH on HyperLiquid and had a floating profit of over $15 million, but within just 4 days, its floating loss exceeded $1 million, turning from profit to loss.In addition to ETH, the whale has also increased its short position on Bitcoin, bringing the total value of its two-way short positions to $37.96 million. Notably, the whale's Aave health factor has dropped to 1.85, indicating that it faces a higher risk.Furthermore, another whale on ONDO has sold all 10,978,000 ONDO tokens within the past 12 hours, exchanging them for approximately 13,580,000 USDC. After holding the tokens for 38 days, the whale chose to liquidate its position, incurring a loss of approximately $3.54 million, a loss rate of 20.7%.These events highlight the recent volatility in the market, leading to more cautious trading behavior by whales. Investors need to pay close attention to market developments and implement robust risk control measures.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale shorting ETH results in million-dollar loss, highlighting the huge risk of market volatility, even experienced investors may suffer significant losses.
Whale shorting ETH results in million-dollar loss, may indicate that ETH price will continue to rise in the short term, but the long-term trend remains to be seen.
Whale shorting ETH results in million-dollar loss, may be related to the overall trend of the recent crypto market, such as regulatory policies, market sentiment and other factors.
Whale shorting ETH results in million-dollar loss, reminds investors to be cautious in their operations, do not blindly follow the trend, and do a good job in risk control.