đš $1.05 BILLION IS SHORT $ETH â AND ONE WHALE IS ALREADY DOWN $30M.
One whale alone is holding a ~$213M ETH short.
Unrealized loss:
đž ~ $30.3M
But this is bigger than one whale.
Large active wallets are reportedly holding roughly:
đ» $1.05B in ETH shorts
đą $687M in ETH longs
That means the short side is getting crowded.
And hereâs the interesting part:
ETH is still holding up.
If price keeps pushing higher, those shorts donât just become wrong â they can become fuel for the next move.
So what happens first?
đ„ SHORT SQUEEZE
đ WHALES WERE EARLY, NOT WRONG
$ETH $BTC
#Ethereum #ETH
One whale alone is holding a ~$213M ETH short.
Unrealized loss:
đž ~ $30.3M
But this is bigger than one whale.
Large active wallets are reportedly holding roughly:
đ» $1.05B in ETH shorts
đą $687M in ETH longs
That means the short side is getting crowded.
And hereâs the interesting part:
ETH is still holding up.
If price keeps pushing higher, those shorts donât just become wrong â they can become fuel for the next move.
So what happens first?
đ„ SHORT SQUEEZE
đ WHALES WERE EARLY, NOT WRONG
$ETH $BTC
#Ethereum #ETH
