Data: ETH has an 85% win rate for swing trades, whales have borrowed another 200 WBTC, bringing the total short position to 420 WBTC.

CoinVoice has learned that, according to on-chain analyst @ai_9684xtpa, ETH has an 85% win rate for swing trades. Whales are shorting WBTC, having borrowed 220 WBTC from Aave in the past 12 hours and sold it short on-chain and through Binance at an average price of $102,398. Unfortunately, this coincided with BTC's recent surge, and at the current price, they are facing a floating loss of $511,000.

10 minutes ago, he borrowed another 200 WBTC, indicating he intends to continue shorting. The total short position has now reached 420 WBTC ($44.09 million). [Original link]