$ETH dropped 4.6% Wednesday and degens rushed in with max leverage

On OKX, retail long/short ratio spiked from 1.32 → 2.35 (highest since June 30). Meanwhile whales flipped bearish: 0.97 → 0.87

Gate_io showing identical divergence

Retail buying the dip with 10x while smart money hedging shorts. Classic distribution setup or bear trap? Watch funding rates closely