#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, resulting in a current loss of $4.568 million on its short position. Despite this, its main wallet address has a health score of 1.14, with a liquidation price of $4,197.88, indicating a relatively stable position. This move has attracted market attention, with many speculating whether the whale is betting on a decline in ETH prices.
Ace Hot Topic Analysis
Analysis
Recently, an investor dubbed "the whale with an 82% win rate" has added another 2,000 ETH short positions, bringing their 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 their average short price to $3,475.59. They are currently facing a $4.568 million loss. Despite this, the whale's main position address has a health score of 1.14, with a liquidation price of $4,197.88, meaning their position is still within a safe range. This move has sparked market attention on the ETH price trend. Some analysts believe the whale's addition of short positions may signal a further decline in ETH prices, while others believe it is just a short-term operation that will not have a significant impact on ETH prices. Currently, there is still a divergence of opinions on the ETH price trend, and investors need to carefully observe market dynamics and make investment decisions based on their own circumstances.
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 continue to fall.