Ethereum is struggling to get back above $2,150, while $BTC has already bounced above $77,200. And now the market has one more reason to stay nervous: a whale just opened a massive ETH short.
The Key Numbers:
$100.3M ETH short position
~$2,094 average entry price
~$2,149 liquidation level
At the same time, confidence from big $ETH holders looks weaker. Whale wallets reportedly dropped from around 1,100 to nearly 1,030 during the latest correction.
So the question now is pretty clear: was this just one aggressive trade, or is smart money preparing for another leg down?
Will the bulls trigger a massive short squeeze above $2,150, or is this whale about to banking millions? Comment your play below! 👇
BTCUSDT
Perp
73,438.9
-0.13%
ETHUSDT
Perp
2,011.79
+0.23%