According to COINOTAG News reported on May 18, recent HypurrScan data shows significant fluctuations in Ethereum (ETH) positions. A wallet known for executing large short positions with 25x ETH has closed approximately 18,300 ETH from its previous short position. The wallet currently holds about 23,537 ETH short position, equivalent to approximately 59.28 million USD in position value. The entry price for these positions is 2,514 USD, with a liquidation threshold set at 2,540.7 USD. This data indicates a tactical approach to market volatility, emphasizing the intricate dynamics of cryptocurrency trading. Traders are advised to closely monitor these developments as they may reflect broader market sentiment.
