#Whale Shorting ETH Loses Millions#
Hot Topic Overview
Overview
Recently, there have been instances of whale short-selling losses in the market. One ONDO whale, for example, liquidated 10,978,000 ONDO in the past 12 hours, resulting in a loss of approximately $3.54 million, a loss rate of 20.7%. Another whale shorting ETH on HyperLiquid saw a profit of over $15 million four days ago, but currently has a floating loss exceeding $1 million. Additionally, a whale increased their BTC short position to 200 coins half an hour ago, simultaneously initiating a 5,000 ETH short, with a total value nearing $38 million. These whale losses reflect the volatility and risk in market sentiment, reminding investors to exercise caution and manage risk.
Ace Hot Topic Analysis
Analysis
Recently, a whale's short selling of ETH resulting in millions in losses has sparked widespread attention in the market. According to Onchain Lens monitoring, the whale shorted ETH on HyperLiquid, accumulating over $15 million in floating profits. However, within just four days, its floating losses exceeded $1 million. This incident reflects the risk associated with market volatility, demonstrating that even experienced whales can suffer losses in a rapidly changing market. Additionally, another ONDO whale sold all 10.978 million ONDO tokens in the past 12 hours, converting them into approximately 13.58 million USDC. After holding the tokens for 38 days, the whale chose to liquidate, incurring a loss of about $3.54 million, representing a loss rate of 20.7%. This indicates that even seemingly robust investment strategies can face setbacks in the face of market fluctuations.It is worth noting that other instances of whales shorting BTC and ETH have emerged in the market recently. For example, a certain range-bound whale increased its short positions on Bitcoin and Ethereum in the past half-hour, totaling $37.96 million in two-way short positions. These incidents suggest that substantial funds are involved in short-selling operations within the market, which could potentially have an impact on market trends.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
A whale shorted ETH and lost millions, highlighting the massive risk of market volatility, even for experienced traders who may suffer significant losses.
A whale shorted ETH and lost millions, which may be related to changes in market sentiment, such as the recent rise in ETH price, forcing short sellers to cover their positions and resulting in huge losses.
A whale shorted ETH and lost millions, which may also be related to leveraged trading, where high leverage amplifies both gains and losses, leading to huge losses for whales in market fluctuations.
A whale shorted ETH and lost millions, reminding investors to invest cautiously, avoid blindly following the trend, and pay attention to risk control to avoid major losses.