Whale Makes a Big Splash on ETH
Crypto gossip time, AguilaTrades, one of those big-pocket whales, just decided to bet against Ethereum (ETH) using 25x leverage.
That’s like turning up the risk dial to “Are you sure about this?”
They’re selling in chunks over 3 hours (that’s the Time-Weighted Average Price method or fancy talk for “don’t dump it all at once”).
Goal? Short 10,000 ETH that’s about $42 million.
This move comes right after they cashed out $11.3M profit from earlier long positions on BTC & ETH.
Guess they’re now in the “Let’s see ETH drop” mood.
Lesson? Whales play big, win big, and risk big… and the rest of us just watch like we’re at a Netflix drama.