#Whale Shorting ETH Results in Over $1 Million Loss#
Hot Topic Overview
Overview
Recently, there have been instances of whale short-selling losses in the crypto market. One ONTO whale, in particular, liquidated 10,978,000 ONTO tokens in the past 12 hours, resulting in a loss of $3.54 million, a loss rate of 20.7%. Another whale who shorted ETH on HyperLiquid was up over $15 million four days ago but is now down over $1 million. Additionally, a whale increased their BTC short position by 200 coins half an hour ago, simultaneously initiating a short on 5,000 ETH, with a total value nearing $38 million. These whale losses demonstrate the high volatility and risk present in the crypto market, emphasizing the need for cautious investment practices.
Ace Hot Topic Analysis
Analysis
Recently, a series of whale shorting operations have emerged in the market, the most notable of which is a whale shorting ETH on the HyperLiquid platform. This whale had a profit of over $15 million four days ago, but is currently experiencing a loss of over $1 million, indicating a potential shift in market sentiment. Additionally, another whale has increased its short positions on Bitcoin and Ethereum in the past half hour, raising its Bitcoin short position to 200 coins and initiating a 5,000 ETH short, with a total value of nearly $38 million. This suggests a potentially high risk of market volatility. It is noteworthy that another ONDO whale has sold all 10,978,000 ONDO tokens in the past 12 hours, exchanging them for approximately 13.58 million USDC. This address cleared its position after holding for 38 days, incurring a loss of approximately $3.54 million, with a loss rate of 20.7%. This may also reflect a lack of market confidence in the ONDO project. Overall, recent whale shorting operations suggest a potential shift in market sentiment, and investors should be cautious in navigating market volatility risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale shorting ETH resulted in huge losses, indicating extremely high market volatility risk, even experienced investors may suffer significant losses.
The losses from giant whale shorting ETH may be related to changes in market sentiment, such as recent ETH price rise, leading to short sellers being forced to close their positions, resulting in huge losses.
The losses from giant whale shorting ETH could also be due to operational strategy errors, such as excessive positions, high leverage, resulting in concentrated risks, ultimately leading to huge losses.
The event of giant whale shorting ETH resulting in losses reminds investors to conduct thorough risk assessments and control positions and leverage before making any investment, avoiding excessive risk.