#ETHCrossed2500 URGENT: Whale ETH still trapped in massive short position at $69M! 🐳💥
Ethereum whale with high stakes just made a $69M mistake that could blow up soon! 😳
Quick facts:
🔻 Position: Short $69,001,707
🔻 Size: -27,610 ETH
🔻 Leverage: x25
🔻 Initial profit: +$47M (now gone)
🔻 Current loss: -$7.1M (-258%)
🔻 Entry price: $2,241
🔻 Current price: $2,499
🔻 Liquidation price: $3,113 (raised)
What does this mean? 🚨
This whale refused to close its short position, hoping that ETH would drop further. But now ETH is rising. If the price goes above $3,113, the whale's $69M short position will be liquidated — potentially triggering a massive short squeeze, pushing the price of ETH even higher. 📈
Why ETH could soon crush this whale:
✅ BlackRock is seeking approval for an ETH ETF
✅ Growing institutional demand
✅ Technical breakout in progress
✅ Supply shortage (staking + tokenization)
A liquidation of this size could quickly push ETH above $3,500+. Don’t miss this explosive setup.