One whale just dropped a $100 million short on Ethereum, and it's hard to ignore.
At the same time on-chain numbers show whale wallets sliding from roughly 1,100 down to about 1,030 through this latest correction. That kind of distribution usually hints at eroding confidence from the big holders.
These moves rarely happen in isolation so I'm keeping an eye on how $BTC and $SOL react next.
#Ethereum #Whales #Crypto #OnChain #BTC
At the same time on-chain numbers show whale wallets sliding from roughly 1,100 down to about 1,030 through this latest correction. That kind of distribution usually hints at eroding confidence from the big holders.
These moves rarely happen in isolation so I'm keeping an eye on how $BTC and $SOL react next.
#Ethereum #Whales #Crypto #OnChain #BTC