The whale short position on ETH with high leverage taken last Friday is currently showing a floating profit of $1.7 million.
according to on-chain analyst Yu Jin's monitoring, the whale who shorted ETH with high leverage last Friday was right. After the crypto market flash crashed between 7-8 AM today, his short position currently has an unrealized profit of 17 million USD.
He added to his short position half an hour ago. Currently, he holds a short position of 30,639 ETH (98.51 million USD), with an average short price of 3,271 USD and a liquidation price at 3,296 USD.
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.
You may also like
Ethereum’s $2,540 Retest Becomes Key Test for the Rally
Canton Network breaks 2 month range! – CC’s run to $0.15 depends on THIS zone
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
Crypto prices
More
