#Whale shorts ETH, loses millions#
Hot Topic Overview
Overview
Recently, a whale shorted ETH on the HyperLiquid platform, which has attracted market attention. The whale previously had a profit of over $15 million, but in just four days, its unrealized loss has exceeded $1 million. It is reported that the whale increased its BTC short position to 200 coins half an hour ago, and at the same time opened a short position of 5,000 ETH. Its total short positions are worth $37.96 million, causing its Aave health factor to drop to 1.85. This massive shorting operation has triggered market concerns and also reflects the market's divergence on the future trend of ETH.
Ace Hot Topic Analysis
Analysis
Recently, a whale shorted ETH on the HyperLiquid platform, drawing market attention. The whale had previously enjoyed a profit of over $15 million four days ago, but now it has turned into a loss, with a floating loss exceeding $1 million. According to on-chain analysts, the whale has increased its short positions in Bitcoin and Ethereum in the past half hour, bringing its Bitcoin short position to 200 coins and initiating a short position of 5,000 ETH, totaling nearly $38 million. This move has led to a drop in its Aave health factor to 1.85. The whale's loss from shorting ETH reflects a change in market expectations for ETH price movement, also sparking speculation about the whale's motives.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale shorting ETH loses millions, highlighting market volatility risk
Whale shorting ETH turns from profit to loss, possibly due to market sentiment reversal
Whale shorting ETH has a huge position, which may have an impact on the market
Whale shorting ETH loses millions, but still holds a large amount of BTC short positions, may continue to observe the market