Gate News, April 8, according to monitoring by Hyperinsight, the “Silver Iron Head Air Force” whale today reduced its ETH short position worth about $11.4484 million (6,100 contracts), realizing a small profit. It still holds about 5,126 ETH short contracts, worth about $11 million, with an entry average price of $2,237.4 and a liquidation price of $3,079.42. After opening an ETH short position on April 1 with 20x leverage, the whale continued to add more and set short orders; at one point, its position size exceeded 10k ETH, worth more than $20 million. This whale is not holding only one direction; it performs swing trading: currently it sets 5,126.93 ETH long contracts in the $2,180–$2,200 range, and at the same time sets 10,869.56 ETH short contracts in the $2,260–$2,340 range.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
