Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
A smart money address plans to switch to shorting ETH around $4914.9

A smart money address plans to switch to shorting ETH around $4914.9

金色财经金色财经2025/10/27 01:26
Show original

According to Jinse Finance, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that a smart money address, which previously went long on ETH with 25x leverage after the flash crash on October 11, has now set a take-profit plan. This address expects to open short positions at $4,914.9, which is near ETH's all-time high. The address has placed a total of 29,713.8152 ETH sell orders in the $4,190 to $5,555.5 range. The specific strategy is as follows: currently holding 15,689.44 ETH long positions; gradually taking profits as ETH rises to the $4,190 to $4,914.9 range; once ETH breaks above $4,914.9, short positions will be opened. If the price rises to $5,555.5, up to 14,024.37 ETH short positions will be opened, valued at approximately $77.91 million.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!