🐳 On-chain whale shorting TAO, has already earned over 5000 USD



Just saw a big contract order of $TAO :

🔻 Direction: Short
📦 Quantity: 3283.3 tokens
💰 Value: 1.02 million USDT
⚙️ Leverage: 5x full position
📉 Entry average price: 312.93 USD
💸 Current floating profit: +5093.89 USD
🔥 Liquidation price: 2308.13 USD

🧠 The whale is heavily shorting near 312 USD, currently small profit. His liquidation price is at 2308 USD, unless TAO rises to over 2300, which is basically impossible.

But don’t forget, TAO used to frequently experience both long and short liquidations, rising and falling, harvesting both ways.
⚠️ Reminder: Don’t blindly follow orders, big whales’ operations may not suit you.

$TAO
TAO5,62%
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