BREAKING

ETH Whale Achieves 82% Scalp Win Rate with $991,000 Profit from Short Positions

ETH

ETH/USDT

$1,728.69
-3.81%
24h Volume

$13,833,955,714.70

24h H/L

$1,797.20 / $1,722.24

Change: $74.96 (4.35%)

Long/Short
74.4%
Long: 74.4%Short: 25.6%
Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,732.20

-1.05%

Volume (24h): -

Resistance Levels
Resistance 3$1,985.30
Resistance 2$1,825.33
Resistance 1$1,754.00
Price$1,732.20
Support 1$1,713.13
Support 2$1,617.00
Support 3$1,505.68
Pivot (PP):$1,739.14
Trend:Downtrend
RSI (14):40.1

According to COINOTAG News, a recent analysis reveals that in a span of just seven hours, the **ETH whale** demonstrated an impressive **scalp win rate of 82%**. The whale proceeded to strategically close half of its short positions, executing a buy-back of **10,529.21 WETH** at an average entry point of **$3,381.43**. This move was particularly noteworthy as the initial average short position was recorded at **$3,475.59**, resulting in realized gains amounting to approximately **$991,000**. Currently, the whale’s portfolio still holds an unrealized profit of **$897,000**, reflecting a robust trading strategy amid market fluctuations. Furthermore, the whale’s health factor, an essential metric for assessing liquidity and risk exposure, has improved to **1.81**, indicating a strong position in the volatile cryptocurrency market.

Share News:
Don't Miss Breaking News