🚨 Whale Alert: $41.34M $ETH Short (20× Leverage)
A large trader has opened a $41,340,000 short position on Ethereum using 20× leverage.
⚠️ Why this matters
At 20× leverage, liquidation comes fast
A move of ~12% upward would fully liquidate this position
This creates a high-risk liquidity pocket above price
🔥 Market Implications
Fuel for a short squeeze: If price starts trending up, forced buybacks can accelerate upside
Volatility magnet: Large leveraged positions often attract stop-hunts and sharp wicks
Dealers & algos watch this closely — these levels rarely go untouched
🧠 How to think about it
This doesn’t mean ETH must pump — but it raises the probability of explosive moves if momentum flips bullish. Heavy leverage = fragile positioning.
📌 Key takeaway:
When whales use high leverage, the market doesn’t care who’s right — it cares where the liquidity is.
