THE FAMOUS SHORT WHALE IS MOVING 6,860 $ETH TO EXCHANGES 🔥
This whale previously turned $13.68M shorting 16 altcoins. On-chain data shows 21.82M worth of ETH sent to exchanges since June 24, with a 6,860 ETH deposit 4 hours ago. Their average cost was $1,991, currently depositing at $1,574 — a paper loss of $5.48M if sold.
Market participants are watching closely because this trader has a strong track record. Recurring deposits to a top-tier exchange suggest either defensive liquidation or a deliberate bearish play. Is this a whale cutting losses or setting up a larger $ETH short?
Not financial advice. Always manage your risk.
#ETH #WhaleAlert #BearishSignal #OnChain
🔥
This whale previously turned $13.68M shorting 16 altcoins. On-chain data shows 21.82M worth of ETH sent to exchanges since June 24, with a 6,860 ETH deposit 4 hours ago. Their average cost was $1,991, currently depositing at $1,574 — a paper loss of $5.48M if sold.
Market participants are watching closely because this trader has a strong track record. Recurring deposits to a top-tier exchange suggest either defensive liquidation or a deliberate bearish play. Is this a whale cutting losses or setting up a larger $ETH short?
Not financial advice. Always manage your risk.
#ETH #WhaleAlert #BearishSignal #OnChain
🔥