Brothers, pay attention! A thrilling billion-level showdown is unfolding in the ETH market. Two whales holding over a hundred million in funds are engaged in a fierce battle at the crucial position of $4,700. This is not an ordinary long-short game but a capital dark war that could determine ETH's short-term fate. #ETH 🔥🔥🔥🔥🔥🔥
Last night at 12:30, while the retail traders were still dreaming, the first whale quietly made a move. A $100 million short position was directly smashed at $4,730, with the liquidation line set at $5,350. This operation was ruthless—caught at the top of the range and chosen during the weakest liquidity of the early morning, it clearly aimed to catch the bulls off guard.
But the bulls are not to be underestimated! This morning at 7:00, another whale launched a strong counterattack with $100 million in funds. The long position at $4,750 is directly $20 higher than the short's cost, but the liquidation line is only set at $4,599. This is a complete "win big or go bust" approach!
Now ETH is stuck around $4,740, just a step away from both sides' cost lines. The key to this showdown is already very clear: $4,750 is the last defense line for the bears, while $4,600 is the life-and-death line for the bulls. Even more exciting, the bears have a $600 safety cushion, while the bulls only have a $140 buffer space—this means the bulls could be wiped out by a sudden drop at any moment!
I must remind everyone: showdowns of this level often come with severe price volatility. Regardless of which side wins, it could trigger a chain reaction. If it breaks $4,750, it could head straight for $5,000; if it falls below $4,600, even $4,300 below may not hold. Tonight may very well reveal the outcome, so I advise everyone to fasten their seat belts, manage their positions well, and avoid being caught in the crossfire of the whale battle!