#Whale dumps BTC and ETH#
Hot Topic Overview
Overview
Recently, there have been large-scale short-selling operations by whales in the cryptocurrency market, drawing attention from the market. According to on-chain analysts, a swing whale has increased its short positions in Bitcoin and Ethereum in the past half hour, increasing its Bitcoin short position to 200 coins, while opening a 5,000 ETH short position, with a total value of nearly $38 million. It is worth noting that this whale had previously bought 7,983.8 ETH at $3,286 five days ago and sold all of them six hours ago at $3,419, making a profit of $1.05 million, which suggests that the whale may be engaging in arbitrage. In addition, there are whales shorting 20+ assets on Hyperliquid, including DOGE, kBONK and BTC, among which they shorted DOGE with 20x leverage at an average price of $0.40177, with a position value of $11.5 million and a floating loss of $590,000. The whales' short-selling behavior may have an impact on the market, and investors need to pay close attention to the market dynamics.
Ace Hot Topic Analysis
Analysis
Recently, there have been large-scale short-selling operations by whales in the cryptocurrency market, attracting market attention. According to on-chain analysts, a swing whale has increased its short positions in Bitcoin and Ethereum in the past half hour, bringing its Bitcoin short position to 200 coins and its Ethereum short position to 5,000 coins, for a total value of nearly $38 million. The whale's short-selling operation has caused its Aave health factor to drop to 1.85, raising market concerns about potential liquidation risks. On the other hand, it has been reported that another whale/institution sold 7,983.8 ETH six hours ago, earning a profit of $1.05 million. The whale/institution bought 7,983.8 ETH at a price of $3,286 five days ago, and sold it all today at a price of $3,419, realizing a 4% profit. Additionally, whale wanyekest69.eth has engaged in short-selling operations on Hyperliquid across 20+ targets, including DOGE, kBONK, and BTC. Notably, the whale shorted DOGE with 20x leverage at an average price of 0.40177, with a position value of $11.5 million and a floating loss of $590,000. These whales' short-selling activities may have a certain impact on the market, and investors need to observe market fluctuations cautiously.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale shorting BTC and ETH, totaling nearly $38 million, causing Aave health factor to drop to 1.85, which may pose risks.
Whale has increased short positions on Bitcoin and Ethereum in the past half hour and may continue to short in the future.
Whale may have profited recently by selling 7983.8 ETH for $1.05 million.
Whale may be engaging in long and short operations on Hyperliquid and holding a large amount of HYPE, potentially for arbitrage or other strategies.