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ETH band winning rate 85% Whale borrowed 200 WBTC again 10 minutes ago, and the short amount has reached 420 WBTC

ETH band winning rate 85% Whale borrowed 200 WBTC again 10 minutes ago, and the short amount has reached 420 WBTC

Cointime2024/12/16 02:55
By: Cointime
BTC-0.17%WBTC-0.27%

According to on-chain analyst @ai_9684xtpa, a whale with an 85% success rate in ETH trading is currently shorting WBTC. In the past 12 hours, they borrowed 220 WBTC from Aave and sold it on-chain and through Binance at an average price of $102,398 USD. Unfortunately, this coincided with BTC's rise, resulting in a current loss of $511,000 USD. Just 10 minutes ago, they borrowed another 200 WBTC, indicating their commitment to shorting. Their current short position is now at 420 WBTC ($44.09 million 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.
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