80,000 ETH short selling lost 208,000! Named 'Reverse Indicator Machine'
Whales use real money to demonstrate the 'Reverse Operation Textbook'. This whale perfectly interpreted the script of 'short selling means being the bag holder':
Two days ago, they borrowed coins to short at $1,752.5, thinking they could buy the dip on Ethereum's pullback, but instead, ETH rose instead of falling, and within 20 minutes, they were forced to buy back at a high price of $1,778.5 — resulting in a loss of $208,000.
More ironically, this whale’s holding address had just suffered a liquidation of $1.12 million in SOL last week, and now they’ve stumbled on ETH, truly a 'Reverse Indicator Machine'.
This loss is essentially a delayed reaction to short-term positive news and a failure to set stop-loss orders.
— The iron law of the crypto circle is once again verified: during a period of volatility without a strong trend, short selling against the trend is just providing liquidity to the market, especially when positive expectations arise on-chain; chasing highs and cutting losses is not as effective as patiently waiting for the trend to clarify.
Binance Chat Room 币安王牌KOL专属聊天裙领浮力
