Ethereum Whale Short Sells $21.43M Worth of ETH Amid Market Rally
A notable Ethereum whale has taken a contrarian position by shorting 9,346 ETH worth $21.43M via Aster DEX.
The trade is currently underwater with an unrealized loss of $1.63M representing a negative return of 60.83% on the trade.
The timing of the short stands out as it was opened during a broader market upswing, placing this wallet in direct opposition to prevailing price momentum.