A large whale has been frequently increasing short positions near the high of $1800 for the second contract, with the total short position approaching 10,000 contracts, an average price of $1791, and a floating loss of about $510,000. Just now, he added another 4,000 contracts to his short position, with strong signals of continued accumulation!
This operation reveals an obvious gambler's mentality, heavily betting on a correction, but facing the resilient trend of the second contract, it could trigger a liquidation cascade at any moment. In the short term, bearish pressure is intensifying, and volatility risks are sharply increasing, retail investors should be cautious and avoid blindly following!
What do you think about this whale's extreme gamble?
