Anyone betting on the collapse of $ETH right now is being slowly dragged toward the biggest trap the whales have ever set in market history.
I am watching $ETH like crazy right now while the whales' total positions have reached 1.49 billion across 590 wallets, and everyone is turning a blind eye to the coming disaster. The buy-to-sell ratio stands at 88.38%. Look at the carnage: 258 buy wallets worth 703.23 million with an average entry at 2,553 are bleeding 12.4 million in unrealized losses, while 332 sell wallets worth 795.68 million with an average entry at 2,493 are also losing 5.1 million. The funding rate is calm at 0.0031%. This mutual bleeding means a massive explosion is inevitably coming, and I am taking my position now before it is too late.
My trade setup:
• Entry zone: current price near 2,509
• First target (TP1): 2,650
• Second target (TP2): 2,780
• Third target (TP3): 2,950
• Stop loss: 2,420
I am watching $ETH like crazy right now while the whales' total positions have reached 1.49 billion across 590 wallets, and everyone is turning a blind eye to the coming disaster. The buy-to-sell ratio stands at 88.38%. Look at the carnage: 258 buy wallets worth 703.23 million with an average entry at 2,553 are bleeding 12.4 million in unrealized losses, while 332 sell wallets worth 795.68 million with an average entry at 2,493 are also losing 5.1 million. The funding rate is calm at 0.0031%. This mutual bleeding means a massive explosion is inevitably coming, and I am taking my position now before it is too late.
My trade setup:
• Entry zone: current price near 2,509
• First target (TP1): 2,650
• Second target (TP2): 2,780
• Third target (TP3): 2,950
• Stop loss: 2,420