While one whale is trimming long positions as we update on our last post, and this whale is slowly cashing in on the opposite side.

Address 0x218A65E21EDDeeCE7A9Df38C6bBdd89F692B7Da2 opened a short position of 3,464.4 ETH yesterday morning , and later doubled down at higher levels, expanding to 7,199.76 ETH.

Now holding a short position in #ETH worth over $28.75 million, with an average entry of $4,128.15, this trader is sitting on an unrealized profit nearing $900,000.

As $ETH ’s momentum cools, the bears are starting to wake up , could this be the first real tug-of-war between whales since the rally began? SHARE YOUR OPINIONS and TARGETS ON ETH.