Trader Eugene: The size of the ETH short position has been reduced
ChainCatcher news, top trader Eugene posted in his personal channel that he has reduced the size of his ETH short positions.
Previously, Eugene said he had shorted Ethereum at a price of $2170 - not understanding why the market did not react to the "nuclear-style drop", but since it is unlikely that this situation will appear later today in the best case announcement, he seized this opportunity. The basic situation is that ETH will eventually fall below $2000, but currently this is just a small-scale profit operation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
EXOR: No intention to sell Juventus to Tether or any other party
The "BTC OG Insider Whale" has an unrealized loss of over $12 million in total holdings.

AI agents are accelerating their entry, and the "iPhone moment" of the crypto trading market is approaching