#Whale loses millions shorting ETH#
Hot Topic Overview
Overview
Recently, there have been instances of whale short-selling ETH resulting in losses. According to Onchain Lens monitoring, a whale short-selling ETH on HyperLiquid had generated over $15 million in unrealized profits but now faces over $1 million in unrealized losses, turning from profit to loss in just 4 days. Additionally, another large ONDO whale dumped 1,097.8 million ODNO for 13.58 million USDC in the past 12 hours, losing 3.54 million (-20.7%) in just 38 days. These losses by whales demonstrate the significant risk of market volatility, where even experienced investors can suffer substantial losses.
Ace Hot Topic Analysis
Analysis
Recently, there have been a series of whale short-selling activities in the market, with the most notable event being a whale shorting ETH on the HyperLiquid platform. This whale had a profit of over $15 million four days ago, but is now facing a loss of over $1 million. In addition, another whale has increased its short positions on Bitcoin and Ethereum in the past half hour, increasing its Bitcoin short position to 200 coins, and simultaneously opening a short position of 5,000 ETH, with a total value of nearly $38 million. Notably, another whale, ONDO, sold off all 10,978,000 ONDO tokens over the past 12 hours, exchanging them for approximately 13.58 million USDC. After holding the position for 38 days, the whale chose to clear it, incurring a loss of approximately $3.54 million, with a loss rate of 20.7%. These whale short-selling activities have attracted market attention, reflecting the volatility of market sentiment and changes in risk appetite.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale shorting ETH results in million-dollar loss, indicating massive market volatility risk, even for experienced investors.
The whale's shorting loss on ETH may be due to market reversal, operational error, or insufficient risk control.
The whale's shorting loss on ETH serves as a reminder to investors to carefully select investment targets, implement risk control measures, and avoid blindly following the trend.
The whale's shorting loss on ETH also reflects the high volatility of the cryptocurrency market, requiring investors to be mentally prepared and manage risks effectively.