At 6 AM this morning, a certain four-war ETH whale with a 75% win rate is still increasing short positions on ETH, currently holding up to 70,000 ETH (approximately 252 million USD) in short positions. This whale is shorting 70,000 ETH with 15x leverage, with an opening price of 3,618 USD and a liquidation price of 3,686 USD, showing a floating profit of over 1.33 million USD.
Additionally, there have been some recent news related to ETH whales increasing their holdings:
Glassnode data shows that since early July, over 200 new whale addresses holding more than 10,000 ETH have emerged, and large holders such as exchanges and custodians are also continuing to increase their positions. BlackRock's Ethereum Trust ETF has seen an inflow of 1.7 billion USD over the past ten trading days, with a 40% increase in holdings over the past month, reflecting growing institutional interest in investing in Ethereum through compliant channels.
The ETH market is quite lively, with high-win-rate whales leveraging short positions and making substantial floating profits on one side, while on the other side, whale addresses and institutions are increasing their holdings, with large inflows into BlackRock's ETF. The tug-of-war between bulls and bears is evident, and the subsequent trend is hard to predict; we need to keep an eye on it.
