Browsing: shorting ETH

Shorting ETH has emerged as a significant strategy in crypto trading, especially for investors looking to capitalize on market downturns.Recently, an address leveraging 10x to short Ethereum has seen its position swell to an impressive 21,800 ETH, reflecting the intricacies and risks involved in leverage trading ETH.

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.