ETH Quietly Outperforms US Stock Market, Largest Bear Whale "pension-usdt.eth" Loses $11.1 Million
BlockBeats News, July 16th, according to Hyperinsight monitoring, the US stock index closed flat overnight, with storage and semiconductor sectors experiencing a sharp pullback, with Micron and SK Hynix ADR both falling more than 8%; meanwhile, ETH rose again by about 2.9%, reaching around $1,922.15, continuing to outperform the US stock market and the semiconductor sector.
The top ETH short whale "pension-usdt.eth" is currently shorting 50,000 ETH with 3x leverage, with a notional value of approximately $96.105 million, an average entry price of $1,700.06, and an unrealized loss of $11.102 million (-39.2%). The liquidation price is around $2,176.25, approximately 13.2% away from the current price.
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
Reserve Bank of Australia raises interest rates to 4.6%: Four hikes this year, further increases not ruled out
The Reserve Bank of Australia raised interest rates by 25 basis points to 4.6%, reaching a 15-year high. The rate has increased by a total of 100 basis points this year to curb inflation caused by the Middle East conflict.
High-Yield Attraction: Japan's 40-Year Government Bond Auction Covered 3.1 Times, Strongest Demand Since 2020
Japan's 40-year government bond auction recorded its strongest demand in six years, as high yields attracted investors back to the country's longest-term debt instrument, providing potential relief for fragile global markets.
BlackRock trims GEA Group voting rights to 9.21% from 9.40%
Toyota (TM.US) sales in China dropped by 23% in August, marking the seventh consecutive monthly decline in global sales
Toyota’s sales have declined for the seventh consecutive month.
Crypto prices
More
