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A certain whale opened 3,708 ETH short positions 30 minutes ago, valued at $8.03 million, with a liquidation price of $2251.91.
Gate News: On March 24, according to Hyperinsight monitoring, a whale address beginning with 0xe60d established a new ETH short position 30 minutes ago, currently holding 3,708 ETH worth approximately $8.03 million. The position's average opening price is $2,152, with a liquidation price of $2,251.91, and current unrealized losses of approximately $46,800.
GateNews6m ago
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BitMine Chairman Tom Lee: Ethereum's Bear Market Nearing its End, ETH Price Faces Test Amid Current Situation
BitMine Chairman Tom Lee believes Ethereum may be at the tail end of the cryptocurrency winter. The company has recently increased its ETH purchases, demonstrating strong safe-haven characteristics. He is optimistic about the passage of the Clarity Act, which he believes will help improve Ethereum's fundamentals. Ethereum is currently trading at $2,138, though geopolitical tensions remain a source of uncertainty.
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NYSE Withdraws "Cryptocurrency ETF Options" Position and Exercise Limits, Opening Wide Operating Space for Institutions
NYSE Arca and NYSE American, subsidiaries of the New York Stock Exchange, submitted rule change applications to the U.S. SEC to remove position and exercise limits on Bitcoin and Ethereum spot ETFs, marking that all major options exchanges have completed this adjustment. The new rules allow cryptocurrency ETFs to be used in customized options trading, enabling institutional investors to execute more flexible hedging strategies with profound implications for market liquidity.
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