As I shared earlier this morning — one major whale closed his ETH long position at a strong profit.

Now here’s what just happened:

Another silent giant just closed $25M in ETH and $134M in BTC shorts — but is still holding a massive 50,000 ETH short, sitting on over $7M in unrealized losses.

🤔 The real question is:

Why would someone hold such a deep red position unless they know something we don’t?

Maybe... a bigger move is coming?

The market is quiet but whales never act without reason.

He closed his BTC shorts but is still holding ETH short is this a signal of further drop in ETH? Or just another smart move to scare before accumulation?