#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
Recently, a whale known for its range trading 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, currently incurring a loss of $4.568 million. Despite this, the whale's position health 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 known as "82% win rate in the band" 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, currently its average shorting price is $3,475.59, with a floating loss of $4.568 million. Despite this, the health of the whale's main position address is still 1.14, with a liquidation price of $4,197.88, indicating that its position is currently relatively safe. This move has sparked speculation in the market about the future direction of ETH. Some analysts believe that the whale's addition of positions may signal a further decline in ETH prices, while others believe that the whale's floating losses may be temporary and ETH prices still have room to rise.
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 average price of the giant whale's short position on ETH is $3,475.59, and it is currently down $4.568 million.
The health of the giant whale's short position on ETH is 1.14, and the liquidation price is $4,197.88.
The giant whale's short position on ETH has a win rate of 82%, and its operation is worth watching.