#Whale shorts ETH, loses millions#

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Overview

Recently, a whale shorted ETH on the HyperLiquid platform, drawing market attention. The whale had previously made a profit of over $15 million, but in just four days, its unrealized losses have exceeded $1 million. It is reported that the whale has also increased its short positions in Bitcoin and Ethereum in the past half hour, with a total value of nearly $38 million, causing its Aave health factor to drop to 1.85. These actions suggest that the whale holds a pessimistic view on the future of ETH and BTC, and its huge short positions may also have some impact on the market.

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Analysis

Recently, a whale has shorted ETH on the HyperLiquid platform, attracting market attention. This whale had a profit of over $15 million four days ago, but has now turned from profit to loss, with a floating loss of over $1 million. According to on-chain analysts, the whale has increased its short positions in Bitcoin and Ethereum in the past half hour, increasing its Bitcoin short position to 200 coins and opening a short position of 5,000 ETH, with a total value of nearly $38 million. This operation caused its Aave health factor to drop to 1.85. The whale's shorting behavior has sparked market concerns about ETH price trends, reflecting market uncertainty about the future direction of the cryptocurrency market.

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A whale shorted ETH and lost millions, highlighting the huge risk of market volatility. Even experienced traders can suffer significant losses.

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A whale shorted ETH and lost millions, which may be related to the recent rise in ETH price or the whale's trading strategy error.

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A whale shorted ETH and lost millions, triggering market concerns about ETH price trend. It also reminds investors to invest cautiously and avoid blindly chasing up and down.

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A whale shorted ETH and lost millions, also reflecting the high risk of the cryptocurrency market. Investors need to do risk control and invest according to their own circumstances.

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