Gate News, April 8, according to monitoring by Hyperinsight, the “Silver Iron Head Air Force” whale today reduced its ETH short position worth about $11.4484 million (6,100 contracts), realizing a small profit. It still holds about 5,126 ETH short contracts, worth about $11 million, with an entry average price of $2,237.4 and a liquidation price of $3,079.42. After opening an ETH short position on April 1 with 20x leverage, the whale continued to add more and set short orders; at one point, its position size exceeded 10k ETH, worth more than $20 million. This whale is not holding only one direction; it performs swing trading: currently it sets 5,126.93 ETH long contracts in the $2,180–$2,200 range, and at the same time sets 10,869.56 ETH short contracts in the $2,260–$2,340 range.
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