According to COINOTAG News, a recent analysis reveals that in a span of just seven hours, the **ETH whale** demonstrated an impressive **scalp win rate of 82%**. The whale proceeded to strategically close half of its short positions, executing a buy-back of **10,529.21 WETH** at an average entry point of **$3,381.43**. This move was particularly noteworthy as the initial average short position was recorded at **$3,475.59**, resulting in realized gains amounting to approximately **$991,000**. Currently, the whale’s portfolio still holds an unrealized profit of **$897,000**, reflecting a robust trading strategy amid market fluctuations. Furthermore, the whale’s health factor, an essential metric for assessing liquidity and risk exposure, has improved to **1.81**, indicating a strong position in the volatile cryptocurrency market.
Source: https://en.coinotag.com/breakingnews/eth-whale-achieves-82-scalp-win-rate-with-991000-profit-from-short-positions/