🔴 URGENT: ETH Whale Trapped in Massive $69M Short! 🐳💥
A major Ethereum whale is facing a $69M dilemma that could spark a massive market shift! 😳
Key Details:
🔻 Position: Short $69,001,707
🔻 Size: -27,610 ETH
🔻 Leverage: x25
🔻 Initial Profit: +$47M (now wiped out)
🔻 Current Loss: -$7.1M (-258%)
🔻 Entry Price: $2,241
🔻 Current Price: $2,499
🔻 Liquidation Price: $3,113 (increased)
What’s Happening? 🚨
This whale held onto a short position, expecting ETH to dip further. However, ETH is now rising. If the price surpasses $3,113, the whale’s $69M short could be liquidated, potentially causing a massive short squeeze that drives ETH’s price even higher. 📈
Why ETH Could Overwhelm This Whale Soon:
✅ BlackRock pushing for ETH ETF approval
✅ Growing institutional demand
✅ Technical breakout forming
✅ Supply shortage (staking + tokenization)
A liquidation of this scale could send ETH past $3,500+ quickly. This is an explosive setup you don’t want to miss!
