⚠️🐋 A highly profitable crypto whale has opened a massive $65.5 million Ethereum ($ETH ) short position, signalling a strong bearish conviction. $TNSR $RE
According to blockchain data monitored by Lookonchain, this specific trader has generated $41 million in profits with a 100% win rate since February.
This huge short arrives amid a period of broader weakness for Ethereum, which has recently faced sustained capital flight via spot ETF outflows and technical struggle under key resistance levels.
According to blockchain data monitored by Lookonchain, this specific trader has generated $41 million in profits with a 100% win rate since February.
This huge short arrives amid a period of broader weakness for Ethereum, which has recently faced sustained capital flight via spot ETF outflows and technical struggle under key resistance levels.