According to @EmberCN, well-known trader @qwatio has aggressively increased his short position to a total value of $300 million through continuous roll-over of floating profits. This high-leverage tactic mirrors the approach previously used by @AguilaTrades, who reportedly lost $40 million using similar methods. Such strategies, which involve escalating leverage without margin for error, can lead to significant losses if market direction reverses. Traders should monitor for potential liquidations and volatility spikes, as these large positions may impact crypto market order books and price stability. Source: @EmberCN

According to EmberCN on Twitter, a whale known for a 100% win rate in previous ETH (Ethereum) trades has opened a significant new short position. Twenty minutes ago, the trader transferred 5 million USDC into Hyperliquid and used 25x leverage to short 21,900 ETH, with a position value of $61.03 million. The entry price is $2,780, and the liquidation price is $2,948. This aggressive leveraged short sets a critical resistance for ETH price action in the near term, and traders should monitor the $2,780-$2,948 range closely for potential volatility and liquidation-driven moves. Source: EmberCN Twitter.