#Whale dumps BTC and ETH#
Hot Topic Overview
Overview
Recently, a whale has been making large-scale short-selling operations in the cryptocurrency market, drawing attention from the market. The whale shorted ETH on the HyperLiquid platform, once seeing a profit of over $15 million, but is now down over $1 million in just 4 days. In addition, the whale has increased its short position on BTC, currently holding a short position of 200 BTC and 5,000 ETH, worth nearly $38 million. The whale's short-selling behavior has caused its Aave health factor to drop to 1.85, raising concerns about the whale's financial condition.
Ace Hot Topic Analysis
Analysis
Recently, a whale has been making large-scale short selling operations in the cryptocurrency market, attracting market attention. According to on-chain analysts, the whale has increased its Bitcoin short position to 200 coins in the past half hour, while simultaneously opening a 5,000 ETH short position, for a total value of nearly $38 million. This whale has been shorting ETH on the HyperLiquid platform and once achieved over $15 million in floating profits, but currently faces over $1 million in floating losses, all within 4 days. This shows that whale short selling operations are highly risky, with both profits and losses potentially happening very quickly. Currently, the whale's Aave health factor has dropped to 1.85, indicating that their account is at a high risk. While whale short selling behavior may have some impact on the market, the ultimate outcome remains to be observed.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale shorts BTC and ETH, with a huge position worth nearly $38 million
Giant whale shorts ETH, once making over $15 million in profit, but now losing $1 million
Giant whale shorting behavior may lead to a decline in its Aave health
Giant whale shorting behavior may signal a possible short-term market correction