Ethereum Precaution from Famous Investor: Closing $20 Million Short Transaction!

Former CFO of decentralized autonomous organization (DAO) Frog Nation and renowned investor sifu.eth is starting to believe the bull.

According to data from crypto analytics platform Perps Watcher, successful trader sifu.eth, in Ethereum (ETH) He gradually closed some of his short position.

Position size before 21 million dollars exceeding the current situation 11.8 million It fell to the dollar. Famous investor position closing process 1,783 to 1,834 dollar between gradually carried out.

This move of Sifu.eth caused the trader to your rise continues that you can aimed at his faith increased It was interpreted as follows.

Taking advantage of the downward trend in Ethereum in the past weeks, Sifu.eth gradually closed a profitable short transaction and finally turned long. Thereupon, the investor, who took profits from long positions, turned to short again, but this time he was not successful.

Investor’s current position 877 thousand dollars unrealized in loss is available.

According to CoinGecko data, Etheruem, at the time of writing from $1,786 is being traded.

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