Data: "Insider whale" increased ETH short positions to 11,111.11 coins half an hour ago, with unrealized profits exceeding $3.24 million
According to ChainCatcher, on-chain analyst @ai_9684xtpa has reported that the "insider whale" increased their ETH short position to 11,111.11 ETH (approximately $40.25 million) half an hour ago. Currently, the combined value of their BTC and ETH short positions exceeds $168 million. The sharp drop in prices tonight has resulted in an unrealized profit of over $3.24 million for this 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
4 Big Bank Earnings to Watch This Week as Wall Street Turns Bullish
Mortgage rates return to 7%, pending home sales in the US fall to nearly a twelve-year low
According to Freddie Mac data, the 30-year fixed mortgage rate has risen to 7.4%, the highest level in nearly three years. Data from real estate brokerage Redfin shows that the volume of existing home pending sales in September fell 4% month-on-month, marking the largest single-month drop in over three years and hitting the lowest level since 2014. Nearly one-fifth of sellers have reduced prices, and the home purchase contract cancellation rate has reached a record high of 14.5%. Inventory levels have risen to the highest since March 2020, but high financing costs continue to constrain transactions.
Mueller Water Products names Michael Morgan CFO, succeeding Melissa Rasmussen
GLD ETF Falls 0.6%
Crypto prices
More
