#Giant Whale Adds to BTC ETH Short Positions#
Hot Topic Overview
Overview
Recently, there have been large-scale short-selling operations by giant whales in the crypto market, attracting market attention. According to on-chain analysts, a scalping whale has increased its short positions on Bitcoin and Ethereum in the past half-hour, increasing its Bitcoin short position to 200 coins, while opening a short position of 5,000 Ethereum, with a total value of $37.96 million. In addition, another whale/institution sold 7,983.8 ETH 6 hours ago, earning $1.05 million. It is worth noting that some whales are short-selling more than 20 assets on Hyperliquid, including DOGE, kBONK, and BTC, among others. They are shorting DOGE at an average price of 0.40177 with 20x leverage, with a position value of $11.5 million and a floating loss of $590,000. These operations by the giant whales have had a significant impact on the market trend, also raising concerns about future market performance.
Ace Hot Topic Analysis
Analysis
Recently, there have been large-scale short-selling operations by whales in the cryptocurrency market, attracting market attention. According to on-chain analysts, a swing whale has increased its short positions on Bitcoin and Ethereum in the past half hour, increasing its Bitcoin short position to 200 coins and opening a 5,000 ETH short position, totaling $37.96 million. The whale's short-selling operations have caused its Aave health factor to drop to 1.85, raising concerns about the whale's financial condition and market direction.On the other hand, another whale/institution sold 7,983.8 ETH 6 hours ago, making a profit of $1.05 million. The whale/institution bought 7,983.8 ETH at $3,286 five days ago and sold all of it today at $3,419, achieving a 4% profit.In addition, there are whales shorting more than 20 assets on Hyperliquid, including DOGE, kBONK, and BTC, with a 20x leverage short position on DOGE at an average price of 0.40177, with a position value of $11.5 million and a floating loss of $590,000. The whale also holds 71,647.5 HYPE, worth $1.644 million, with a floating profit of $1.063 million.The impact of the whales' short-selling operations on the market is still unclear, but their actions undoubtedly reflect changes in market sentiment. Investors need to closely monitor market dynamics and invest cautiously.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whales increase their holdings of BTC and ETH shorts, which may signal a growing bearish sentiment in the market.
Whale shorting behavior could lead to market volatility, investors need to be cautious.
Whales may be taking profits after making profits, selling ETH for a profit of $1.05 million.
Whales are engaging in long and short positions on the Hyperliquid platform, shorting DOGE and longing ETH and LDO.