Trader @AguilaTrades opened a short position of 30,000 ETH at an initial price of 4,274 USD, with the current unrealized profit reaching 1.18 million USD.
This trade occurred during the time frame from 3 to 6 AM on August 12, monitored by Ember@, yielding outstanding profits for the investor.
MAIN CONTENT
Trader @AguilaTrades opened a short position of 30,000 ETH from 3 to 6 AM on August 12.
The opening price of the position is 4,274 USD/ETH with unrealized profits of up to 1.18 million USD.
Data is monitored and provided by the Ember@ system along with updated news sources.
When and what is the scale of Trader @AguilaTrades' ETH short position?
Trader @AguilaTrades executed a short position totaling 30,000 ETH during the period from 3 to 6 AM on August 12, according to Ember@ monitoring. The large scale and precise timing indicate a well-founded decisiveness backed by thorough analysis from the trader.
Choosing this time frame may relate to a strategy to exploit market volatility or specific technical signals on the corresponding trading platform.
What is the opening price and current profit of this trade?
The position was opened at a price of 4,274 USD per ETH, reaching a reported unrealized profit of up to 1.18 million USD. This figure reflects the effectiveness of the short position as the ETH market trends downward during the trading period.
This unrealized profit also demonstrates the trader's ability to analyze and forecast trends, while showing that ETH price volatility is creating substantial profit opportunities.
Executing a large short position such as 30,000 ETH shows that the trader is experienced and technically prepared to timely capture the downward trend of the cryptocurrency market.
Cryptocurrency market analysis expert, 2024.
Frequently Asked Questions
What is a short position in ETH?
A short position is selling ETH with the expectation of a price drop to buy back at a lower price, creating profit from the price difference.
What is unrealized profit in cryptocurrency trading?
Unrealized profit is the profit currently on the market that has not been realized, fluctuating with market prices.
Why did the trader choose to open a position at 3-6 AM?
This time frame is often chosen to anticipate market volatility or according to specific technical analysis.
What is Ember@ and what role does it play in trade monitoring?
Ember@ is a system that tracks and provides transaction data, helping to evaluate the actions of large traders.
What are the risks of trading 30,000 ETH?
Large-scale trading carries high risks due to adverse price volatility that can create significant liquidity pressure.
Source: https://tintucbitcoin.com/eth-ban-30-000-dong-loi-118-trieu-usd/
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