#Whale Adds to Short Position on ETH#

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Overview

Recently, a whale known for its 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. The whale borrowed 3,000 ETH from Aave and sold 2,006 of them at an average price of $3,660.9, currently averaging a short price of $3,475.59, resulting in a floating loss of $4.568 million. Despite this, the health score of its main position address is still 1.14, with a liquidation price of $4,197.88, indicating that its position is currently relatively safe.

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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, resulting in a current loss of $4.568 million on its short position. Despite this, the whale's main position address health remains at 1.14, with a liquidation price of $4,197.88, indicating a relatively stable position. This whale's addition has sparked speculation about the future direction of ETH. Some analysts believe that the whale may think ETH will pull back in the short term, while others believe that the whale may just be engaging in band operations. Currently, there is still a significant divergence in the market about the future direction of ETH, and investors need to be cautious.

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Giant whale adds to its short position on ETH, increasing its short position to 23,616 ETH, worth $86.67 million.

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The average price of the giant whale's short position on ETH is $3,475.59, and it is currently down $4.568 million.

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The health of the giant whale's short position on ETH is 1.14, and the liquidation price is $4,197.88.

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The giant whale's short position on ETH has a win rate of 82%, and its trading strategy is worth watching.

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