#Whale shorts ETH, loses millions#
Hot Topic Overview
Overview
Recently, a whale shorted ETH on the HyperLiquid platform, which has drawn market attention. The whale had a profit of over $15 million four days ago, but is now in the red with a loss exceeding $1 million. It is reported that the whale increased its BTC short position by 200 coins half an hour ago and opened a short position of 5,000 ETH, for a total value of nearly $38 million, causing its Aave health factor to drop to 1.85. This massive shorting operation has sparked market concerns, and its ultimate outcome remains to be seen.
Ace Hot Topic Analysis
Analysis
Recently, a whale shorted ETH on the HyperLiquid platform, attracting market attention. The whale had made a profit of over $15 million four days ago, but has now turned into a loss, with a loss of over $1 million. According to on-chain analysts, the whale has increased its short positions on Bitcoin and Ethereum in the past half hour, increasing its Bitcoin short position to 200 coins and opening a short position of 5,000 ETH, with a total value of nearly $38 million, causing its Aave health factor to drop to 1.85. This series of operations indicates that the whale is bearish on the future trend of ETH, but its shorting operations have already suffered losses, and its subsequent operations are worth watching.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale Shorting ETH Loses Millions, Shows Huge Market Volatility Risk
Whale Shorting ETH Turns From Profit to Loss, May Be Related to Recent ETH Price Rise
Whale Shorting ETH Has Huge Position, May Have Significant Impact on Market
Whale Shorting ETH Also Shorted BTC, Showing Its Bearish View on Market