#Whale Adds to Short Position on ETH#
Hot Topic Overview
Overview
Recently, a whale with a win rate of 82% 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, resulting in a current loss of $4.568 million on its short position. Despite this, the health score of its main wallet address remains at 1.14, with a liquidation price of $4,197.88, indicating a relatively stable position. The whale's increased short position on ETH has attracted market attention, with market participants believing that this may be a sign of the whale's cautious outlook on the future of ETH, or a belief that ETH prices will experience a short-term correction.
Ace Hot Topic Analysis
Analysis
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, bringing its average short price to $3,475.59. It is currently experiencing a loss of $4.568 million. Despite this, the whale's position health is still 1.14, with a liquidation price of $4,197.88, indicating that its position is currently relatively safe. This addition has attracted market attention, with some analysts believing that the whale may be cautious about the future of ETH and expecting a short-term pullback in ETH prices. However, other analysts believe that the whale's addition may just be part of its swing trading strategy and does not necessarily represent a bearish view on the future of ETH. Currently, the market remains divided on the future direction of ETH, and investors need to carefully observe market changes and make rational investment decisions.
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 is 1.14, and the liquidation price is $4,197.88.
The giant whale's swing win rate is 82%, and its shorting behavior may indicate that the price of ETH will fall further.