#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 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.
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, currently its average short price is $3,475.59, resulting in a floating loss of $4.568 million. Despite this, the health 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. This whale's addition has sparked market attention on the price trend of ETH. Some analysts believe that the whale's shorting behavior may signal that ETH prices will face downward pressure in the short term, but others believe that the whale's position is healthy and its shorting behavior may be just to gain short-term profits and will not have a significant impact on ETH prices.
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 is $3,475.59, and it is currently down $4.568 million.
The giant whale's shorting behavior may indicate that the price of ETH will fall in the short term.
The giant whale's short position health is 1.14, and the liquidation price is $4,197.88.