#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, currently incurring a loss of $4.568 million. Despite this, the health score of its main position address remains at 1.14, with a liquidation price of $4,197.88, indicating a relatively stable position.
Ace Hot Topic Analysis
Analysis
Recently, a whale with a 82% win rate in swing trading has added another 2,000 ETH short positions, bringing its total short position to 23,616 ETH, worth $86.67 million. This addition occurred within the past half hour, with the whale borrowing 3,000 ETH from Aave and selling 2,006 of them at an average price of $3,660.9, totaling $7.34 million. Currently, the whale's average shorting price is $3,475.59, resulting in a floating loss of $4.568 million. Despite this, the health score of its main position address remains at 1.14, with a liquidation price of $4,197.88, indicating that its position is currently relatively safe. This whale's addition has attracted market attention, with some analysts believing it could be a bearish signal for ETH's future trajectory, while others believe it's just a short-term operation by the whale and doesn't represent the overall trend of ETH.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale adds to its short position on ETH, increasing its short position to 23,616 ETH, worth $86.67 million.
The whale's shorting behavior may signal further declines in ETH prices.
The whale's short position is currently underwater, but its liquidation price is $4,197.88, which is relatively safe.
The whale has a high win rate of 82% in its swing trading, making its shorting behavior worth watching.