🐋 WHALE ALERT: A High-Stakes Duel Against the Market Tsunami!
While the market is surging like a massive tsunami, a "Big Fat Whale" is standing firm with a massive short position. This isn't just a trade anymore; it’s a high-stakes duel.
The Numbers:
Total Position: Nearly $84M in open perpetual short positions, leaning 100% against the market trend.
ETH Leg: A $56.4M short opened around $3,020. With ETH currently near $3,338, this position is bleeding over $5.36M.
BTC Leg: A $27.4M short from $91,778. With BTC hovering near $95,225, this leg is down almost $1M.
The Defense:
To keep the position alive, the whale recently deposited 4.8M USDC as a fresh lifeline to widen the liquidation runway. Current liquidation lines sit at $3,810 for ETH and a massive $123K for BTC.
Total Unrealized Damage: Approximately $6.37M and counting.
The Question:
Will this be a legendary "fade" where the whale profit from a correction, or a very expensive lesson in market momentum? We are watching the liquidation hunt in real-time
$BTC
{future}(BTCUSDT)
$WLD
{spot}(WLDUSDT)
🚨🚨 What is happening with the US job market? 📢
US temporary help services employment fell to 2.45 million in December, the lowest since July 2020 🔥
These jobs have dropped YoY for 38 months straight, a similar streak as during the Financial Crisis 🔥
Because firms cut temporary workers before permanent staff, this category is considered a leading indicator for the entire economy's employment 📢
This decline signals further continuation of downside momentum in the job market 📢
This is not good 📢
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