A whale continued to short ETH after clearing its positions, selling more than 7,300 ETH
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According to Odaily, a whale has sold 7,358 ETH at a price of $2,154 in the past 1 hour, exchanging for $15.848 million USDS. The address not only cleared its own holdings of 5,372 ETH, but also borrowed an additional 1,986 ETH to short. This behavior may be related to investors' disappointment with the market performance of the Trump Bitcoin Reserve Executive Order.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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