🚨 Whale "runs like a plow" – A big lesson from the decision to Short ETH! 🐳💥
As analyzed since April 24, this whale has decided to short 7,018,192,623,115 ETH with an HR of 2.58 (a very safe level at that time). However, currently, it is trading around the 2,600 USD mark, and the HR has dropped down to only 1.77.
👉 This means that if ETH returns to the 3,700 mark, this whale will be liquidated, losing all its assets while the entire community is celebrating in 16,573,801,681.
Lesson learned: During an Uptrend, absolutely do not short sell! 📈❌
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