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An ETH swing whale shorted BTC and ETH bilaterally, with a total short position worth $37.96 million

An ETH swing whale shorted BTC and ETH bilaterally, with a total short position worth $37.96 million

Bitget2025/01/17 20:29
BTC-0.11%ETH-1.05%

Foresight News reports that an ETH fluctuator has significantly increased its short position in Bitcoin and Ether over the past half hour, according to @ai_9684xtpa. Specifically, it increased its Bitcoin short position to about 200 BTC (worth about $20.76 million), with an average short price of $102,376, while opening a short position of about 5,000 ETH, with an average short price of $3,442. At present, the total value of these two short positions amounts to about $37.96 million, resulting in a decrease in the health of the Aave protocol to 1.85.

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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