$ETH WHALE DUMPS 6,860 ETH TO EXCHANGE 🔥
A well-known short whale now appears to be selling ETH at a loss. Over the past five days, this address has moved $21.82M worth of ETH to exchanges — with an estimated realized loss of $5.485M so far. The latest deposit: 6,860 ETH ($10.8M) just four hours ago, which if sold would add another $2.86M in losses.
This persistent supply flow into exchanges creates overhead resistance, especially as ETH consolidates below key structural levels. Momentum favors sellers until we see a liquidity grab below recent lows.
Are you hedging your longs here or waiting for a deeper sweep?
Not financial advice. Always manage your risk.
#ETH #WhaleAlert #Liquidation #SupplySide #CryptoAnalysis 🔥