Family, this operation is quite interesting.

There is a giant whale with 75% win rate in four battles of ETH who is still stubbornly shorting — at 6 AM, they increased their position again, now holding 70,000 ETH in shorts, equivalent to about 252 million USD.

The key is that this position is quite aggressive: shorting with 15x leverage, opening price at 3618 USD, and the liquidation price set at 3686 USD. This means if ETH goes up, there is only 68 USD of space to the liquidation line, and about 1.8% of volatility could blow up the position.

Winning three times in a row on ETH indicates that this person has some insight into the market, but playing so big with 15x leverage shows a strong gambling tendency. Now we just have to see whether ETH will give him face, whether it continues to drop and allows him to profit, or if it counterattacks and causes him to get liquidated. This plot is worth watching. $ETH