Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
ETH band winning rate 85% Whale borrowed 200 WBTC again 10 minutes ago, and the short amount has reached 420 WBTC

ETH band winning rate 85% Whale borrowed 200 WBTC again 10 minutes ago, and the short amount has reached 420 WBTC

CointimeCointime2024/12/16 02:55
By:Cointime

According to on-chain analyst @ai_9684xtpa, a whale with an 85% success rate in ETH trading is currently shorting WBTC. In the past 12 hours, they borrowed 220 WBTC from Aave and sold it on-chain and through Binance at an average price of $102,398 USD. Unfortunately, this coincided with BTC's rise, resulting in a current loss of $511,000 USD. Just 10 minutes ago, they borrowed another 200 WBTC, indicating their commitment to shorting. Their current short position is now at 420 WBTC ($44.09 million USD).

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DGAI: Trade to share 60,000 USDT

Bitget Announcement2026/09/03 13:00

CandyBomb x DEBIT: Trade to share 45,000 USDT

Bitget Announcement2026/09/01 13:00

Bitget Will Support the BounceBit (BB) Contract Swap

Bitget Announcement2026/09/01 08:00

Hold USDGO for dual perks, earn up to 30%+ APR!

Bitget Announcement2026/09/01 02:00