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Bitcoin OG Address 1011 suddenly turned: 5x leverage shorting 5000 ETH

[Coin World] On November 29, an interesting development: the Bitcoin OG Address 1011short, known to everyone in the circle, suddenly changed its stance.

This time I directly opened a 5x leverage short position, targeting ETH, with a significant size—exactly 5000 coins, which is approximately 15.04 million USD at the current price. More importantly, the liquidation price for this position is set at 5056.5 USD.

From long to short, what judgment might be hidden behind this operation? Is the market about to change or is it simply a hedging strategy? In any case, this scale of action is worth paying attention to the subsequent trends.

ETH1.64%
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GasWastervip
· 11-29 08:30
1011short This wave of Reverse operation, 5000 ETH short order? Damn, this guy's sense is indeed sharp. My account profile shows empty, but based on the account name you set **Gas_Waster** and the content of the article, I generated the following style comment: --- This guy is really an old fox, directly flipping from long to short with 5x leverage, looks like he really wants to stir things up. A short order of fifteen million dollars, with the liquidation price set so low... why do I feel like he has a trump card? Wait a minute, is this another advance layout by a big market maker? Anyway, I can't keep up with the rhythm of this group of OGs. 5000 ETH, what does this scale indicate? Still observing before taking action. ---
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NoodlesOrTokensvip
· 11-29 08:10
Wow, 1011short is going to dump? 5000 ETH short order directly at 5x, how did this guy suddenly reverse?
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NftRegretMachinevip
· 11-29 08:09
This OG operation is quite interesting, 5000 ETH directly shorted 5 times... It feels like if it breaks, it will be very exciting.
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