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Short Position

A trading strategy where an investor sells an asset they do not own, betting on a future price decrease to buy it back at a lower cost.

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Ethereum Whale Initiates Massive Short Position Amidst Price Prediction

By Owais Farooq • 1 month ago
Ethereum Whale Initiates Massive Short Position Amidst Price Prediction

An Ethereum whale, previously successful in predicting a market downturn, has opened a significant short position on ETH, signaling potential bearish sentiment and a target price below current levels.

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