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"Silver Ironhead Air Force" reduced positions, exiting ETH short positions with a small profit of $11.44 million, still holding a $11 million short position.
CoinCircle news. On April 8, according to monitoring by Hyperinsight, the whale known as “Silver Iron Head Bear Army” today reduced its ETH short position with a value of approximately $11.4484 million (6,100 ETH), realizing a small profit. It currently still holds approximately 5,126 ETH short positions, with a value of about $11 million. Its average entry price is $2,237.4, and its liquidation price is $3,079.42. CoinCircle news: After this whale opened an ETH short position on April 1 with 20x leverage, it continued to add to the position and also set short orders. At one point, its position size exceeded 10,000 ETH, with a value of over $20 million. The whale is not holding positions in only one direction; instead, it is conducting swing trading. Currently, it has set 5,126.93 ETH long positions in the $2,180–$2,200 range, and it has set 10,869.56 ETH short positions in the $2,260–$2,340 range.