Browsing: Onchain Lens monitoring

Shorting ETH is a strategic move that many traders are employing to capitalize on market fluctuations, especially in the rapidly evolving world of cryptocurrencies.Recently, a prominent whale trader made headlines after profiting $11 million from their ETH short position and subsequently deposited $4 million USDC into HyperLiquid to bolster their leveraged position.

The recent trading activity surrounding MON whale position reveals significant insights into the behavior of cryptocurrency investors.Since October 8, a prominent whale trader has established a 1x long position in MON, initially purchasing at a price of $0.1449.