Whale's Strategic Short on Ethereum
According to recent monitoring data, on January 21, a crypto whale shorted 937 ETH with 3x leverage at an average entry price of $2,988.45. The position is currently floating with a profit of $11.2 thousand.
Institutional-Grade Trading Tactics
The whale employed a classic institutional market-making strategy, utilizing high-frequency small trades to reduce slippage costs. This approach allows for efficient position accumulation during market volatility while minimizing the impact of large trades on price.
- High-frequency trading to reduce slippage
- Leverage amplifies potential gains
- Gradual small-scale position building to manage risk
Such tactics are commonly used by large investors or institutions, reflecting both confidence in market direction and advanced execution capabilities.