A Giant Whale's Shorting Position Reaches 200 Bitcoins & 5,000 Ether, Totaling Nearly $38 Million

A swing whale has increased its short position in bitcoin and ethereum over the past half hour, according to chain analyst @ai_9684xtpa. The giant whale has increased its bitcoin short position to 200 pieces (approximately $20.76 million) with an average short price of $102,376, while opening a short of 5,000 ethereum pieces with an average short price of $3,442. The total value of his two-way short position now stands at $37.96 million, causing his Aave health to drop to 1.85.