#BTCvsETH

⚔️ Long vs Short: The battle of cryptos is intensifying 💥

🚨 Abraxas Capital has just placed a big bet on short selling —

📉 Short positions increased on ETH & BTC 10x!

• 345M $ short on BTC

• 291M $ short on ETH

📉 But they are already down by 82.64M $ 😬

As institutions flood the ETH ETFs, Abraxas fights the trend, likely betting on the short-term volatility of ETFs. This looks more like a high-stakes bet than a strategy. 🎲

On the other hand…

🐋 A whale just secured 73.66M $ in profit from long positions — showing that bulls are still in control.

🚀 With this struggle, expect BTC & ETH volatility to increase sharply in the short term!

📌 My opinion:

If ETH breaks $3987, short positions could face massive liquidation ⚠️

🔍 Stay alert for large on-chain transfers