A Whale marked as "Penision Fund" opened a Short position of 10,000 ETH while rising, previously losing 3.41 million.

According to BlockBeats news on October 15, an analysis by the on-chain AI tool Coinbob (@CoinbobAIbot) indicates that a whale marked by users as "Penision Fund" decisively opened a short order of 10,000 ETH with 2x leverage when ETH broke through $4200 after a sideways movement. The holdings exceed $41 million. This address often opens shorts when the market is overheated and is particularly skilled at deploying large short orders at key positions for ETH. Despite a loss of $3.41 million due to previous long positions in the past week, its historical short win rate is as high as 100%. Notably, this address's operations combine high-frequency probing with swing trading, with an average holding time of about 7 hours and a clear capital allocation rhythm. It intensively built a position within 72 hours after transferring $30 million last week.

ETH-3.64%
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