Whale's Lightning Strategy Sparks Attention
According to monitored market data, on January 30, a crypto whale using a 'lightning counter' strategy shorted 5,806.6 ETH at 25x leverage, with an average entry price of $2,744.99. The position currently shows a floating profit of $50,500.
High-Frequency Reversals as a Norm
Notably, this address is known for its rapid shifts between long and short positions, often establishing large positions in the opposite direction shortly after closing a trade.