The truth behind ETH's flash crash uncovered
Last night ETH suddenly plummeted, scaring many retail investors! On-chain data revealed a key clue — whales on Hyperliquid are collectively adjusting their positions! One whale is hedging risks with a 10x short on a meme coin while stubbornly holding a 40x long on Bitcoin; even a major player is frantically reducing ETH shorts, willing to take a nearly $20 million loss to exit! This operation clearly signals: whales are sensing danger and urgently seeking refuge!
Decoding whale movements
Shorts retreat
Big player starting with 0x20c209 cut $1.11 million ETH short, even with a massive loss of $19.96 million, they decisively exited! This shows shorts believe the downside is limited and are eager to cash out
Liquidation line as high as $4895, current price can't reach it, retreat is purely a voluntary choice!
Longs cut losses
Whale 0x4a207d aggressively cut $890,000 position in ETH longs, reluctantly accepting a loss of $1.3 million
Liquidation line at $2594, clearly afraid of further declines leading to forced liquidation!
Hedge master appears
Mysterious whale 0x8a700 plays with hedging: 40x BTC long + 10x SUI short + 20x XRP short
Using altcoin shorts to protect Bitcoin longs, a typical 'both offense and defense' strategy!
How far will the crash go? Keep an eye on this critical line!
Order book data reveals a key support level: massive buy orders accumulating around $3628!
Buy orders densely appearing in the range of $3627.99-$3628.10
Order ratio +0.15% indicates buyers have a slight upper hand
This means: as long as the 3628 defense line holds, ETH is likely to stop falling and rebound! (If broken, it may test $3500)
Operational tips (proven effective by Ai Di)
Leverage players must set up alerts: set your phone alarm at 3628, reduce positions immediately if broken
Spot traders are buying in batches: adding a position every $50 drop, closely watching the MACD golden cross signal
Beware of cascading liquidations: The ETH liquidation map shows a whale long position defense line at $2594, extreme market conditions could trigger a stampede
On-chain data doesn't lie — whale withdrawals are a warning, not the end of the world! When others panic, you should open the candlestick chart to find the golden opportunity!
Follow Ails for the truth on-chain! Do you think ETH can hold $3600 this time? See you in the comments!
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