BlockBeats message, April 8, according to Hyperinsight monitoring, the “Silver Iron Head Air Force” whale today reduced its ETH short position with a value of approximately $11.45M (6,100 ETH), realizing a small profit. It currently still holds about 5,126 ETH short positions, valued at approximately $11 million, with an average entry price of $2,237.4 and a liquidation price of $3,079.42. It is reported that after opening an ETH short position on April 1 with 20x leverage, the whale continued to add to the position, and also placed short orders. At one point, the position size exceeded 10k ETH, with a value of more than $20 million.
This whale is not holding only one directional position; instead, it performs swing trading: currently it sets 5,126.93 ETH long orders in the $2,180–$2,200 range, and at the same time sets 10,869.56 ETH short orders in the $2,260–$2,340 range.