sell
Whale Could Signal Bearish Sentiment on ETH with Short Position
The whale has taken a short position on Ethereum (ETH) with a size of approximately -7,860 ETH, entering at a price of $2,820.33. The liquidation price is set at $3,254.94, with a leverage of 20 times on cross margin mode. The margin balance stands at over $1.1 million, and the position's value exceeds $22 million, with an unrealized profit of about $7,317.45. No funding fees have been incurred.
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AI Analysis
This whale's substantial short position on ETH suggests a bearish outlook from a major market participant. The entry point at $2,820.33 and the liquidation threshold near $3,254.94 imply the whale exp...
AI Recommendation
Given this sizable short position by a whale, it might be wise for traders to exercise caution. The presence of a whale with a significant short could exert downward pressure on ETH prices, especially...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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