"After the 1011 flash crash, the giant whale opened a short position" reduced its holdings by 24,639.69 ETH in the past 20 minutes, worth approximately $62.88 million.

GateNews

2026-01-31 14:44:36

ETH-0,26%

Odaily Planet Daily reported that on-chain analyst Ai Yi monitored that the “big whale shorting after the 1011 flash crash” reduced their ETH holdings by 24,639.69 ETH in the past 20 minutes, worth approximately $62.88 million. Since opening a long position on 2025.12.07, they have been liquidated for the first time, incurring a substantial loss of over $14.06 million. As a result, ETH temporarily dropped to $2,510, with a 24-hour decline of 8%. Currently, they still hold a long position worth $577 million, with an unrealized loss of $133 million.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments