### Giant Whale Shorts BTC and ETH#
Hot Topic Overview
Overview
Recently, several whales have engaged in large-scale short-selling operations in the crypto market, drawing market attention. One ONDO whale, in particular, liquidated 10,978,000 ONDO tokens in the past 12 hours, incurring losses of approximately $3.54 million. Another whale short-sold ETH on HyperLiquid, generating over $15 million in profit four days ago, but now faces losses exceeding $1 million. Additionally, another whale has increased their BTC short position to 200 coins in the past half hour, simultaneously opening a short position of 5,000 ETH, totaling nearly $38 million. These whales' short-selling activities may significantly impact the market, prompting investors to monitor market fluctuations cautiously.
Ace Hot Topic Analysis
Analysis
Recently, a series of whale shorting events targeting BTC and ETH have emerged in the market, attracting significant attention. Notably, an ONDO whale liquidated all 10,978,000 ONDO tokens in the past 12 hours, exchanging them for approximately 13,580,000 USDC. This move resulted in a loss of about $3.54 million after holding the tokens for 38 days, representing a 20.7% loss. Furthermore, another whale who shorted ETH on HyperLiquid, previously boasting profits exceeding $15 million four days ago, is now facing a loss of over $1 million. Meanwhile, a scalping whale has amplified their short positions on both Bitcoin and Ethereum within the past half-hour, increasing their Bitcoin short position to 200 coins and initiating a short position of 5,000 ETH, totaling nearly $38 million in value.These whale shorting activities have sparked concerns about the price trajectory of BTC and ETH, reflecting a cautious sentiment towards the future market outlook.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale shorting BTC and ETH may cause market fluctuations, need to closely monitor its movements
Whale shorting may carry risks, such as market rebound causing whales to lose money
Whale shorting may reflect its bearish sentiment towards the market, but it does not mean the market will definitely fall
Whale shorting may trigger market panic, leading to further market decline