Whale opens 20x Ethereum short position
https://t.co/0zvU5Nz0mc https://t.co/tRcx6T8tfF
Whale opens 20x Ethereum short position
https://t.co/0zvU5Nz0mc https://t.co/tRcx6T8tfF
Whale "0xa2e" has opened a new 23,000 $ETH short position with 20x leverage, valued at $39.64M, with a liquidation price of $1,832.43.
The whale has made over $3.15M trading $ETH only (long and short) since June 10.
https://t.co/rTaaMj3rKy https://t.co/N7z2tS8XgT
When everyone is fighting to become new middlemen via their own networks, Ethereum is where settlement will actually happen as it's a neutral public infrastructure
Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.