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