#Whale Shorting ETH Loses Millions#
Hot Topic Overview
Overview
Recently, a whale has shorted ETH on the HyperLiquid platform, attracting market attention. The whale had a profit of over $15 million four days ago, but now the unrealized loss has exceeded $1 million. It is reported that the whale increased its BTC short position by 200 coins half an hour ago, and at the same time opened a 5,000 ETH short position, with a total value of nearly $38 million, which caused its Aave health factor to drop to 1.85. This series of operations has led to speculation about the whale's motives and reflects the complex judgment of the current market on the price trend of ETH.
Ace Hot Topic Analysis
Analysis
Recently, a whale shorted ETH on the HyperLiquid platform, attracting market attention. The whale had made a profit of over $15 million four days ago, but is now facing losses exceeding $1 million, turning from profit to loss. According to on-chain analysts, the whale has increased its short positions in both Bitcoin and Ethereum in the past half hour, raising its Bitcoin short position to 200 coins and opening a 5,000 ETH short position, totaling nearly $38 million. This operation has caused its Aave health factor to drop to 1.85. The whale's short-selling behavior may be related to recent ETH price fluctuations or its own investment strategy. Currently, the whale's losses have not improved, and its subsequent actions are worth watching.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale shorting ETH lost millions, reflecting the high volatility of the market and the difficulty of predicting risks.
Giant whale shorting ETH turned from profit to loss, which may be related to the recent rise in ETH price.
Giant whale shorting ETH also shorted BTC, indicating its bearish outlook on the overall market.
Giant whale's short position in ETH is huge, and its operations may have some impact on the market.