#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
Recently, a whale known for its range trading strategy has added another 2,000 ETH short positions, bringing its total short position to 23,616 ETH, worth $86.67 million. The whale borrowed 3,000 ETH from Aave and sold 2,006 ETH at an average price of $3,660.9, resulting in a current loss of $4.568 million on its short position. Despite this, the whale's position health remains at 1.14, with a liquidation price of $4,197.88, indicating a relatively safe position. This move has sparked market attention on the price trend of ETH, and investors need to closely monitor subsequent developments.
Ace Hot Topic Analysis
Analysis
Recently, a whale known for its range-bound operations has added another 2,000 ETH short positions, bringing its total short position to 23,616 ETH, worth $86.67 million. The whale borrowed 3,000 ETH from Aave in the past half hour and sold 2,006 of them at an average price of $3,660.9, resulting in a current loss of $4.568 million on its short position. Despite this, the whale's position health remains at 1.14, with a liquidation price of $4,197.88, indicating that its position is currently relatively safe. This addition has sparked market attention on the price trend of ETH. Some analysts believe that the whale's addition may signal a short-term pullback in ETH prices, while others believe that the whale's position health is high and its addition may simply be to gain higher returns.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale adds to short position on ETH, short position has increased to 23,616, worth $86.67 million.
The average price of giant whale shorting ETH is $3475.59, currently floating loss of $4.568 million.
The health of giant whale shorting ETH is 1.14, liquidation price is $4197.88.
The win rate of giant whale shorting ETH is 82%.