Reportedly, the “WTI crude oil TOP 1 short seller” reduced 1,966.86 units of ETH short positions
BIBIBI
AT A GLANCE
A Telegram post stated that an address reduced 1,966.86 units of ETH short positions, equivalent to approximately 4,823,167.16 USD。
Article
🐳 【Commodities trader “WTI crude oil TOP 1 short seller”】ETH cut their short position at a loss!
💰ETH Reduced short position by 1,966.86 units, equivalent to approximately 4,823,167.16 USD▫️ Position size: 5,212,508.42 USD▫️ Average price: 2,490.52 USD▫️ Current P&L: -112,167.13 USD (-53.80%)
▫️ Current token price: 2,545.29 USD▫️ Liquidation price: 6,382.83 USD📌 Address: 0x9e8b1e51c642f4c8b87c6ba11c53d516a218afc4🔥 Note: Holding 33000000 USD WTIOIL short positions, preferring to open positions related to commodities, with indirect involvement in U.S. stock trading; monthly profit 17000000 USD。 🔥
Key points
01
The post stated that the ETH short position was reduced by 1,966.86 units, equivalent to approximately 4,823,167.16 USD。
02
The position size listed in the post was 5,212,508.42 USD, with an average price of 2,490.52 USD。
03
The post listed current profit/loss as -112,167.13 USD (-53.80%).
04
The current token price listed in the post was 2,545.29 USD, and the liquidation price was 6,382.83 USD。
05
The address disclosed in the post was 0x9e8b1e51c642f4c8b87c6ba11c53d516a218afc4。
06
The post’s note stated that the trader held 33000000 USD WTIOIL short positions, with monthly profit 17000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position typically profits when prices fall. The post’s reference to “reducing a short position” means that the address reduced its ETH short position; the text also shows that the current token price is higher than the average short-entry price and lists a negative current P&L.
Why it matters to readers
This reflects a change in an address’s ETH short position and may be used to observe whether the address subsequently continues reducing its position, closes it, or increases its short position again.
This is a position post concerning a single address and cannot, by itself, prove that the ETH overall market will rise or fall; beginners should not follow the trade based solely on this information.
Risks and unknowns
The information comes from a single Telegram post; the evidence does not provide independently verifiable transaction records.
The true identity of the address holder cannot be confirmed, nor can the basis for the “WTI crude oil TOP 1 short seller” label be confirmed.
It cannot be confirmed whether the reduction has resulted in an actual loss; the text only explicitly lists the “current P&L.”
33000000 USD WTIOIL The notes concerning short positions and monthly profit 17000000 USD lack supporting evidence for verification.
The text does not specify the precise recording time of the position data.
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Related concepts
Short Position
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