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BNB $619.61 -0.55%
XRP $1.38 +0.01%
SOL $83.75 -0.22%
TRX $0.3234 +0.46%
DOGE $0.1074 +7.95%
ADA $0.2468 +0.23%
BCH $448.02 -0.87%
LINK $9.17 -0.56%
HYPE $40.11 +0.34%
AAVE $93.45 -3.04%
SUI $0.9152 -0.75%
XLM $0.1605 -0.87%
ZEC $327.18 -2.57%

Trader Eugene: Has reduced the size of ETH short positions

2025-03-07 14:50:08
Collection

ChainCatcher message, top trader Eugene posted in his personal channel that he has reduced the size of his ETH short position.

Previously, Eugene stated that he shorted Ethereum at a price of $2170—he doesn't understand why the market did not react to the "nuclear explosion-like drop," but since this situation is unlikely to occur later today with the best-case announcement, he decided to seize this opportunity. The fundamental situation is that ETH will eventually drop below $2000, but for now, this is just a small profit-taking operation.

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