Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

A certain whale who was firmly shorting ETH has recently experienced a capital drawdown of over $7 million. Previously, they were the counterparty to the "100% win rate whale."

robot
Abstract generation in progress

BlockBeats news, on December 5, according to HyperInsight monitoring, the “100% win rate whale counterparty” (0x218) currently has an ETH short position that has turned from a $5 million unrealized profit on December 2 to an unrealized loss of approximately $2.49 million. The current position size is $51.72 million, with an average price of $3,005. On December 1, this address significantly increased its short position in ETH at around $2,810, lowering the average price. Additionally, monitoring shows that this address previously opened a counter-position to the then-popular “100% win rate whale” with $5 million in principal, and closed the position within half a month, recording a profit of $5.08 million. This is the second time opening a short position, and the account’s total profit is still $2.8 million.

ETH-0.6%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)