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In the Crypto Assets market, a renowned trader has once again caught people's attention. This trader, known as the "Whale with a 75% win rate in four battles over Ethereum," has expanded their short order position in Ether (ETH) to 50,000 ETH, approximately worth $181 million, after experiencing partial position liquidation.
The trader's previously held 50,000 ETH short order dropped to 24,000 ETH after the position reduction last night and partial liquidation early this morning. However, he did not stop there. Subsequently, this trader began to withdraw ETH and ARB from exchanges such as WhiteBIT and Kucoin, and exchanged them on-chain for 7.21 million USDC. These funds were then transferred to the Hyperliquid platform to further increase the short position on ETH.
After multiple position building operations, this trader's ETH short order size has once again reached 50,000 coins, valued at approximately $181 million. It is worth noting that the opening price of this massive short order was $3,639, and the liquidation price was $3,764, demonstrating the trader's judgment of market trends and risk-taking ability.
This series of actions has attracted widespread attention from market participants. Some analysts believe that this trader's behavior may reflect his views on the short-term price trends of Ethereum and may also hint at broader market sentiment. However, in the highly volatile Crypto Assets market, even experienced traders face significant risks.
For ordinary investors, such large-scale trading activities provide a window to observe market trends, but they also remind us to cautiously assess risks and not to blindly follow. Before making any investment decisions, thorough research and risk assessment should be conducted.