「Silver Stallion Whale」 Partially Closes $11.44M ETH Short, Realizing Small Profit, Maintains $11M Short Position

BlockBeats News, April 8th, according to Hyperinsight monitoring, the "Silver Ironhead Air Force" whale reduced its ETH short position (6100 coins) worth about $11.4484 million today, realizing a small profit. It still holds about 5126 ETH in short positions, worth about $11 million, with an entry price of $2237.4 and a liquidation price of $3079.42. The whale has been continuously adding to its short position since opening an ETH short position with 20x leverage on April 1st and setting up short orders, with the position size once exceeding 10,000 ETH, worth over $20 million.

The whale does not hold a single directional position but conducts swing trading: it currently has a long position of 5126.93 ETH set in the $2180–$2200 range and a short position of 10869.56 ETH set in the $2260–$2340 range.