Whale Increases Short Positions in BTC and ETH After Losses 🐋📉;
A major crypto whale has significantly increased short positions on Bitcoin (BTC) and Ethereum (ETH) following recent market losses. According to on-chain data, the whale added substantial short contracts on leading exchanges, signaling a bearish outlook on the near-term price action.
🔹 Key Highlights:
🐳 A large whale boosted short positions on BTC & ETH after facing prior losses.
📉 Indicates a possible expectation of further downside in the crypto market.
📊 BTC recently traded around $110K, while ETH hovered near $3.5K.
🔍 Traders are closely monitoring whale activity to gauge market sentiment.
⚠️ Volatility remains high — risk management is crucial for leveraged positions.
With whales influencing market dynamics, traders should keep an eye on on-chain data and exchange positioning to better anticipate price swings.
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