Ethereum Whale Increases Short Position to 50,000 ETH Amid Market Rebound

Ethereum Price Crash Driven By Whales? Large Transaction Volumes Rise 55%

Ethereum whales have been very active lately, suggesting that the recent Ethereum price decline could have been driven by these large holders. This is especially important now that the altcoin’s price has been driven toward new monthly lows and selling pressure continues to mount. If these whales do not let up anytime soon, then it […]

Ethereum Whale Increases Short Position to 50,000 ETH Amid Market Rebound

The post Ethereum Whale Increases Short Position to 50,000 ETH Amid Market Rebound appeared on BitcoinEthereumNews.com. According to data from EmberCN, a prominent Ethereum whale known for a flawless short-selling record has expanded its short position by acquiring an additional 10,000 ETH at approximately $2,452. This strategic move increases the total short exposure to 50,000 ETH, valued at around $122 million. The trader initially established…