Whale Increases Short Position to 44,000 ETH Amid Rebound, Down $3.08M

ETH2.58%
According to ChainCatcher citing analyst Ember Chen, a whale address has increased its short position on Ethereum, borrowing an additional 9,000 ETH from Aave and depositing it on Binance. The address has now accumulated 44,000 ETH shorts worth approximately $78.89 million, with an average entry price of $1,702. As ETH's price has risen, the position currently sits at an unrealized loss of $3.08 million.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments