Whale Drops $51M $ETH
Short — Market on High Alert
$ETH is hovering near $4,900, up 3% today and hitting a daily high of $4,937. The 1D chart remains bullish — strong candles, steady volume, and price comfortably above key EMAs. The uptrend from $2,100 in June is intact. 📈
But amid this strength, a whale made a massive move:
New wallet 0x54D7 funded with $5.42M USDC
Instantly opened a 10,641 ETH short (~$51M) on Hyperliquid 🐋
This isn’t noise — it’s a serious bearish bet against ETH.
⚖️ The tension:
Charts: Bullish, ready to test higher levels
Whale: Bearish, expecting a correction
When charts and whales clash, volatility usually follows. Either ETH sparks a short squeeze to the upside, or the whale’s trade triggers a pullback.
Everyone’s eyes are on the next few candles — they could decide ETH’s real direction. 👀🔥