551 long whale at $ETH
.
207 short whale.
Looks like a massacre, right? ๐Ÿ‹๐Ÿ”ช
But take a closer look ๐Ÿ‘‡
Average entry for long whales: 2,423 USDT
Their current loss: -29.96 million dollars.
Average entry for short whales: 2,373 USDT
Their profit: +2.23 million.
ETHUSDT
Perpetual
2,356.98
-0.29%
So the majority is bleeding while the minority is smiling ๐Ÿ˜ถ
This is called trapped liquidity.
The big players will shake both sides before they move.
I'm watching the level at 2,300. That's where the war will end.