$ETH SHORT POSITIONS HIT $1.18B WITH 88% IN PROFIT ๐
895 whale wallets are currently holding short positions on ETH worth over $1.18 billion, and 88% of those positions are in profit. That level of concentrated short exposure is a structural anomaly โ the last time we saw similar positioning was during the May breakdown.
When the majority of shorts are deep in profit, two outcomes typically play out: either the price gets swept to take their liquidity before reversing, or the shorts are right and we see a deeper breakdown. Either way, the next 24-48 hours will define the short-term structure.
Which side are you positioning for โ the squeeze or the breakdown?
Not financial advice. Always manage your risk.
#ETH #ShortSetup #WhaleAlert #CryptoAnalysis
๐
895 whale wallets are currently holding short positions on ETH worth over $1.18 billion, and 88% of those positions are in profit. That level of concentrated short exposure is a structural anomaly โ the last time we saw similar positioning was during the May breakdown.
When the majority of shorts are deep in profit, two outcomes typically play out: either the price gets swept to take their liquidity before reversing, or the shorts are right and we see a deeper breakdown. Either way, the next 24-48 hours will define the short-term structure.
Which side are you positioning for โ the squeeze or the breakdown?
Not financial advice. Always manage your risk.
#ETH #ShortSetup #WhaleAlert #CryptoAnalysis
๐