After getting burned on longs, this whale has finally switched sides.
Wallet 0xa2e...f1468, which lost a combined $3.26M across four consecutive $ETH longs, has now flipped bearish.
Around 2:20 AM today, the trader opened an 18x short on 22,000 ETH, worth approximately $35.65M. Entry Price: $1,613.1 Current PnL: -$167K, Liquidation Price: $1,758.60 .
After repeatedly trying to catch the bounce, the trader has finally decided to bet on the downside instead. Now the question is... did they flip at the right time, or is this another painful trade waiting to happen?
His Add: 0xa2e81e888f4a757bbad012ea9b193e7ab93f1468