From the operations of this short seller, one can first feel that the competition in the cryptocurrency circle is intense. They dare to massively increase their short positions on BTC and ETH, and have also added short positions on SOL, which shows that they have their own judgment about the market and are quite bold. Let's first look at Bitcoin; the short position is worth $106 million, with an opening price of $87,324.0 and a liquidation price of $103,944.7. If the BTC price approaches the liquidation price, this short seller could make a fortune. This indicates that there is a force in the market that believes the BTC price will drop to near the liquidation price or even lower.
Now looking at Ethereum, the short position is worth $5.83 million, with an opening price of $3,027.05 and a liquidation price of $11,899.27. This price difference is quite large, indicating that this short seller is also not optimistic about ETH's short-term trend.
As for SOL, although the short position is only worth $2 million, it still shows their attitude towards SOL. SOL has recently become one of the popular coins in the crypto space, and they dare to short it, clearly believing that there is room for SOL's price to drop.
So what should we, as fans, do next? First, closely monitor the price trends of these coins. Especially Bitcoin, its volatility affects the entire crypto circle. If the price of Bitcoin starts to drop towards the liquidation price, the shorts will likely continue to increase their positions or close them, leading to greater market fluctuations. Second, do not blindly follow the trend to short. Although this major short seller seems very confident, no one can predict what will happen in the crypto space. A sudden positive news might cause prices to rise. Third, control your position size. Whether you are going long or short, do not put all your eggs in one basket. Diversifying investments can reduce risk. Fourth, pay more attention to market news. Information in the crypto space has a significant impact on prices, such as regulatory policies and project developments, which can change the market direction.
In summary, the crypto space is risky but also full of opportunities. Everyone must remain calm and operate rationally. I, Jun Ge, have been in this circle for many years, and it is through caution and rationality that I have achieved my current gains. I hope everyone can find their opportunities in the crypto space and make steady profits!



