A whale reduced its short position by 20,000 ETH, and its current position is worth about $110 million.
according to analyst Yu Jin's monitoring, a Ethereum trader with a 75% win rate stopped loss and reduced his short position by 20,000 ETH (approximately $68 million) today. The trader previously held a total of 50,000 ETH short positions, which turned from a profit of $12.25 million yesterday to a loss of $840,000. Currently, the trader still holds a short position of 30,000 ETH, worth approximately $110 million, with an opening price of $3,634 and a liquidation price of $3,701.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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