COINOTAG News, citing Hyperinsight monitoring, reports that the ‘1011 Insider Whale’ has opened a new 5x ETH short position as of November 29. The move signals ongoing appetite for leveraged downside bets among large crypto traders.
Notional exposure stands at about $15 million, equating to roughly 5000 ETH at an entry price of $3,001.81. The instrument lists a liquidation price near $5,056, according to Hyperinsight‘s data.
This short setup underscores risk management considerations for market participants, given the tight margin between entry and liquidation in a volatile market. Investors should note that the data stem from monitoring firms and reflect specific exchange trades.
Readers tracking Ethereum price action and whale activity can use these figures as input for market sentiment analysis, while avoiding extrapolation beyond the reported parameters.
Source: https://en.coinotag.com/breakingnews/eth-insider-whale-1011-opens-5x-short-position-worth-15m-with-entry-at-3001-81-and-liquidation-at-5056
