#Whale shorts ETH, losing over a million dollars.#

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Overview

Recently, a series of whale short-selling operations have emerged in the market, the most notable of which is the short-selling of ETH by a whale on HyperLiquid. This whale had a profit of over $15 million four days ago, but now has a loss of over $1 million, the transformation from profit to loss is shocking. In addition, another whale made a large-scale sell-off on ONDO, losing $3.54 million in 38 days, with a loss rate of 20.7%. Besides ETH and ONDO, there are also whales short-selling Bitcoin and Ethereum, with a total value of nearly $38 million. These whale short-selling operations have attracted market attention and also reflect the uncertainty and volatility of the current market.

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Recently, a series of whale short-selling operations have emerged in the market, the most notable of which is the case of a whale shorting ETH on the HyperLiquid platform. This whale had a profit of over $15 million four days ago, but now it has lost over $1 million. The transition from profit to loss is shocking. In addition, another ONDO whale sold all 10,978,000 ONDO tokens in the past 12 hours, exchanging them for about $13.58 million USDC. After holding for 38 days, it chose to clear its position, with a loss of approximately $3.54 million, a loss rate of 20.7%. These whale short-selling operations have sparked concerns about the future trend of ETH and ONDO, reflecting the current situation of increased market volatility and risk. It is worth noting that whale short-selling operations do not necessarily represent the market trend, but their actions often have a significant impact on market sentiment. Investors need to carefully observe market changes and manage their risks.

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Whale shorting ETH resulted in losses, indicating extremely high market volatility, even experienced investors may suffer significant losses.

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Whale shorting ETH losses may indicate that ETH price will continue to rise in the short term, but the long-term trend still needs to be observed.

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Whale shorting ETH losses may be related to changes in market sentiment, such as the recent overall strengthening of the cryptocurrency market, leading to short-sellers being forced to cover their positions.

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Whale shorting ETH losses may be related to the whale's trading strategy, such as excessive leverage or unreasonable stop-loss settings.

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