#Whale dumps BTC, ETH#
Hot Topic Overview
Overview
Recently, multiple whales have been engaging in large-scale short-selling operations in the cryptocurrency market, drawing attention. Among them, an ONDO whale cleared its entire position of 10,978,000 ONDO tokens in the past 12 hours, realizing a profit of $13.58 million but incurring a loss of $3.54 million, representing a loss rate of 20.7%. Another whale shorted ETH on HyperLiquid, previously registering a profit of over $15 million four days ago, but now faces a floating loss of $1 million. Additionally, another whale has increased its short position on BTC to 200 coins within the past half hour while simultaneously opening a short position on ETH for 5,000 coins, totaling nearly $38 million in value. These short-selling actions by whales could potentially impact the market, urging investors to monitor market fluctuations closely.
Ace Hot Topic Analysis
Analysis
Recently, there have been multiple incidents of whales shorting BTC and ETH, attracting market attention. One ONDO whale liquidated 10,978,000 ONDO in the past 12 hours, exchanging them for approximately 13,580,000 USDC. This resulted in a loss of about $3.54 million over 38 days, with a loss rate of 20.7%. Another whale shorted ETH on HyperLiquid. While they were in profit of over $15 million four days ago, they are now facing a loss of $1 million. Furthermore, whales have increased their short positions on Bitcoin and Ethereum in the past half hour, raising their Bitcoin short position to 200 coins and opening a short position of 5,000 Ethereum coins, totaling $37.96 million. These whale shorting activities may be related to their pessimistic outlook on the market or simply short-term trading strategies. Regardless, these actions have a significant impact on the market, reminding investors to invest cautiously and manage risk.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale shorting BTC and ETH may lead to market volatility, investors need to be cautious.
Giant whale shorting behavior may reflect a pessimistic view of the market outlook.
Giant whale shorting may lead to a decline in market prices, but it may also be reversed by the market.
Giant whale shorting behavior may be risky, investors need to carefully assess its risks and rewards.