$ETH Massive Short in Play
The market isn’t just seeing large BTC shorts — big ETH shorts are showing up too. One notable trade:
Entry: $2,086.3
Size: $19.96M
Amount: 9.58K ETH
Leverage: 20x cross
PnL: +$27.82K
Liquidation Price: $2,429.39
ETH
2,219.65
+3.99%
What’s striking isn’t the profit it’s the willingness to hold nearly $20M in ETH short with real leverage. This shows conviction that the current bounce is not true strength, but rather a level to fade, signaling potential downside pressure ahead.
This kind of size and intent usually points to a serious resistance area that could influence market direction.
Do you want me to outline potential target zones for this ETH short?
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