An ETH and BTC swing trader with an 81% win rate deposits $5 million USDC margin to an address shorting ETH
According to Foresight News, Ember monitoring has identified that the address shorting ETH on July 12 belongs to a swing trader of ETH and BTC with an 81% win rate. This whale transferred 5 million USDC to the address used for shorting ETH five hours ago as additional margin. The trader began shorting ETH on July 12 when the price was $2,969, and on July 14, fully liquidated their spot ETH holdings at a price of $3,051, switching to a fully naked short ETH position.
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.
You may also like
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai
