#Whale Adds to Short Position on ETH#

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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 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.

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Recently, a whale with an 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 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 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. The whale's addition of short positions on ETH has attracted market attention. Some analysts believe that this may signal that ETH prices will face downward pressure in the short term, but other analysts believe that the whale's position size and health indicate that it remains optimistic about the long-term trend of ETH prices.

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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 whale's shorting behavior may be related to the price trend of ETH, with an average shorting price of $3,475.59, currently experiencing a loss of $4.568 million.

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The whale's short position health is 1.14, with a liquidation price of $4,197.88.

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The whale's swing win rate is as high as 82%, and its shorting behavior may be based on its judgment of the market trend.

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