ETH Band Winning Rate Whale Initiates First Borrowing to Short
According to on-chain analyst Auntie Ai, with an ETH band winning rate of 82%, whales have started shorting by borrowing. Two hours ago, they pledged 84.46 million USDT on Aave and borrowed 10,612.59 WETH (approximately $36.19 million), then sold it all at an average price of $3384.3 on the chain, officially initiating their first complete leveraged short 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.
You may also like
QCP: BTC faces huge selling pressure at the $100,000 mark
Overview of Important Developments on the Evening of January 6
MicroStrategy has acquired 1,070 BTC at a price of approximately $101 million
Analysis: MicroStrategy may announce the purchase of Bitcoin on Monday