Last Friday's high-leverage short position on ETH was the right call this time. When the market suddenly crashed between 7-8 AM this morning, this trader's short position was already in a floating profit of $170 ten thousand. More aggressively, he was adding to his short position just half an hour ago.
Currently, this position is quite large—30,639 ETH, with a total value of $98.51 million, and the average opening price is around $3,271. From the liquidation price of $3,296, this whale has a very limited risk buffer for himself, but clearly he has enough confidence in this downward trend.
Thi
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