#Whale Short-Sells ETH, Loses Over a Million#
Hot Topic Overview
Overview
Recently, there have been instances of whale short-selling losses in the cryptocurrency market. One whale on ONDO liquidated all 10,978,000 ONDO tokens in the past 12 hours, making a profit of $13.58 million but also incurring a loss of $3.54 million, representing a 20.7% loss rate.Another whale shorting ETH on HyperLiquid, who had a profit exceeding $15 million four days ago, is now facing a loss of over $1 million.A swing trader whale increased their short position on BTC by 200 coins half an hour ago, simultaneously initiating a short position on 5,000 ETH, with a total value of nearly $38 million.These whale losses highlight the significant risks inherent in the cryptocurrency market, emphasizing the need for investors to proceed with caution.
Ace Hot Topic Analysis
Analysis
Recently, there have been a series of whale short-selling operations in the market. The most notable event is that a whale shorted ETH on the HyperLiquid platform. This whale was up over $15 million four days ago, but is now down over $1 million. This suggests that market sentiment may be shifting. In addition, another whale increased its short positions on Bitcoin and Ethereum in the past half hour. It increased its Bitcoin short position to 200 coins and opened a short position of 5,000 Ethereum coins, worth nearly $38 million in total. This could put some pressure on the market. It is worth noting that another whale, ONDO, sold all 10.978 million ONDO tokens in the past 12 hours, exchanging them for about 13.58 million USDC. This address chose to liquidate its holdings after 38 days, incurring a loss of approximately $3.54 million, a loss rate of 20.7%. These whale short-selling actions may reflect concerns about future market trends. Investors need to closely monitor market dynamics and exercise caution.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale shorting ETH resulted in losses, the market volatility risk is huge
Whale shorting operation may lead to drastic market fluctuations
Whale shorting ETH resulted in losses, which may be related to market sentiment changes
Whale shorting ETH resulted in losses, reminding investors to invest cautiously