【Crypto World】 Traders are continuously building Ethereum short positions. According to the latest data, this trader’s ETH short holdings have increased to 21,820.69 ETH, worth approximately $65.51 million. However, based on the current market performance, this short position is still in loss, with an unrealized loss of $719,000.
This ongoing increase in short positions reflects differing expectations among market participants about the future trend. On one hand, the persistent bearish sentiment is adding to the short positions; on the other hand, attention should be paid to the potential impact of such large-scale positions in the market. The future price movement remains to be seen.
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.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
pvt_key_collector
· 01-06 01:30
A floating loss of 720,000 USD and still adding positions. How strong is your conviction, buddy?
View OriginalReply0
DefiEngineerJack
· 01-03 10:09
nah ser, this is actually just textbook liquidation bait. dude's down 720k and doubling down? that's not alpha, that's just cope with extra steps lol
Reply0
IfIWereOnChain
· 01-03 10:08
Still losing after adding to the short position? How bearish is this guy? His mental toughness is incredible.
View OriginalReply0
TokenomicsTherapist
· 01-03 09:54
How bearish is this guy? Losing so much and still adding to his position. Truly a gambler's nature.
Ethereum short positions continue to increase, with a trader holding over 20,000 ETH and an unrealized loss of nearly $720,000.
【Crypto World】 Traders are continuously building Ethereum short positions. According to the latest data, this trader’s ETH short holdings have increased to 21,820.69 ETH, worth approximately $65.51 million. However, based on the current market performance, this short position is still in loss, with an unrealized loss of $719,000.
This ongoing increase in short positions reflects differing expectations among market participants about the future trend. On one hand, the persistent bearish sentiment is adding to the short positions; on the other hand, attention should be paid to the potential impact of such large-scale positions in the market. The future price movement remains to be seen.