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A Smart Money Sells ETH and ARB After ETH Price Rebound, Continues to Short ETH

A Smart Money Sells ETH and ARB After ETH Price Rebound, Continues to Short ETH

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ForesightNewsForesightNews2025/08/05 05:22

According to Foresight News, as monitored by Lookonchain, a smart money address sold 915 ETH (approximately $3.38 million) and 1.49 million ARB (about $598,000) after part of its position was liquidated. Subsequently, it deposited 3.98 million USDC into Hyperliquid to continue shorting ETH. Its current position stands at 27,000 ETH, valued at around $99.27 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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