• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ethereum Whale Amasses $77.68 Million Short Positions

user avatar

by Giorgi Kostiuk

3 months ago


A prominent Ethereum whale has drawn attention with aggressive short positions, totaling $77.68 million. These actions spark public interest and suggest potential losses.

Aggressive Short Positions on ETH

The Ethereum whale began with a short position of 10,612.59 WETH, facing losses of $908,000. Overnight, the trader added another 5,000 ETH via Aave, striving for a more profitable trade. A small profit of $117,000 did not offset the overall risk.

Trader's Risks and Losses

Despite losses, the whale continued the strategy, borrowing another 5,000 ETH, bringing the current short position to 15,612 WETH. The risk of liquidation on Aave increased, with the health factor dropping to 1.45.

Implications and Future Risks

The whale increased its position to 20,612.13 ETH, equivalent to $77.68 million. Another address also added 1,001 ETH to the short position. The total position currently faces a floating loss of $2.84 million with high liquidation risk if ETH's price rises.

The Ethereum whale continues to attract interest with its investments. Significant risks and substantial losses create uncertainty regarding the market's future behavior.

0

Share

Other news

How KiloEx is Changing the Face of Decentralized Exchanges

KiloEx completed its TGE, raising 1213.94 BNB in 1 second, offering traders a new, more secure platform.

user avatarGiorgi Kostiuk

a few seconds ago

MXNB Stablecoin by Bitso: A New Era in Mexican Crypto Market

Bitso introduces MXNB, a peso-pegged stablecoin for fast and efficient cross-border payments in Mexico.

user avatarGiorgi Kostiuk

a minute ago

Kaspa Prepares for Major Network Upgrade: Crescendo Hardfork

Kaspa plans to transition to 10 blocks per second, a tenfold increase in current throughput.

user avatarGiorgi Kostiuk

2 minutes ago

Arctic Pablo Coin: A Standout in the Investor's Radar

Arctic Pablo Coin is gaining attention with innovations, including 66% APY in its presale phase.

user avatarGiorgi Kostiuk

4 minutes ago

XRP: Price Forecasts and Influential Market Factors

XRP captures investors with potential surges to $8.50-$27. Explore key factors and projections.

user avatarGiorgi Kostiuk

4 minutes ago

Best Blockchain Analysis Tools 2025: Trader's Choice

In 2025, blockchain analysis becomes essential for investors and traders. Discover the year's top 7 platforms.

user avatarGiorgi Kostiuk

4 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.