Recently, I see news about 'What the giant whale is doing' every day 😂 so much commotion
A certain giant whale's total value exceeds 18 million USD. In the asset distribution, contracts take the majority (over 12.5 million USD), with spot and staking also involved; this configuration is quite fierce, to be honest.
It's all shorting! ETH, XRP, SOL, BTC, none left out, with leverage fully pulled: ETH 25x, XRP and SOL 20x, BTC directly 40x! 😱
The short on ETH lost over 1.3 million 💰, the funding rate is still being deducted, with a liquidation price over 5000 USD; if ETH rebounds, the risk is huge… XRP also had a small loss of over 10,000… However, the short on SOL and BTC made profits, with SOL earning over 1,800, and BTC earning over 10,000; this profit and loss hedge is really nerve-wracking to see…
High leverage shorting is all about the thrill! #WhaleMovement