Trader Eugene: The size of the ETH short position has been reduced
ChainCatcher news, top trader Eugene posted in his personal channel that he has reduced the size of his ETH short positions.
Previously, Eugene said he had shorted Ethereum at a price of $2170 - not understanding why the market did not react to the "nuclear-style drop", but since it is unlikely that this situation will appear later today in the best case announcement, he seized this opportunity. The basic situation is that ETH will eventually fall below $2000, but currently this is just a small-scale profit operation.
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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