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A certain whale attempted twice to buy the dip on ETH without success, then reversed and opened a 4.9 million-scale short position with an extremely narrow liquidation line.
Mars Finance news: On April 2, according to monitoring by Hyperinsight, the whale starting with 0xcab today twice attempted to buy the dip with ETH long positions; both have been closed at break-even and exited, with total losses of about $17,000. Subsequently, within the past half hour, the address switched directions and opened an ETH short position with 25x leverage, with a position size of $4.89 million, an entry average price of $2,033, and a liquidation price of $2,076. Based on the liquidation of about 2%, the current position is modestly underwater by about $11,000 (-5%).