Express

Data: Whale Reduces Short Position of 20,000 ETH, Turning $12.25 Million Profit into $840,000 Loss

Summary: According to on-chain analyst Yu Jin, a trader with a 75% success rate in Ethereum trading cut their short position by 20,000 ETH (approximately $68 million) today. The trader, who previously held a total of 50,000 ETH in short positions, saw their profit of $12.25 million from yesterday turn into a loss of $840,000. Currently, ...

According to on-chain analyst Yu Jin, a trader with a 75% success rate in Ethereum trading cut their short position by 20,000 ETH (approximately $68 million) today. The trader, who previously held a total of 50,000 ETH in short positions, saw their profit of $12.25 million from yesterday turn into a loss of $840,000. Currently, the trader still holds a short position of 30,000 ETH, worth around $110 million, with an entry price of $3,634 and a liquidation price of $3,701.

Last Update:

Tags:
Link: Data: Whale Reduces Short Position of 20,000 ETH, Turning $12.25 Million Profit into $840,000 Loss [Copy]

Last: Mogo, a Listed Company, Sells $13.8 Million WonderFi Shares to Increase BTC Holdings

Next: Data: 64.9262 Million USDT Transferred to Major Exchanges in the Past Hour

The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 3 days ago

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 7 days ago

BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 9 days ago

The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 14 days ago

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 15 days ago