🚨 Whale Urgently Dumps $ETH , Opens Short - Market Warning! 🚨
In just 2 hours, an address #whale has caused a stir by liquidating 11,328 ETH worth approximately 18 million USD. Continuously swapping ETH to #WETH and then selling to #USDC and #USDT , this action not only shakes the market but also indicates a clear sign of preparation for a significant drop.
💥 Not stopping there! After selling ETH, this wallet transferred 4.82 million USDT and 13.4 million USDC to a Secondary Wallet, further increasing concerns.
In particular, it forwarded USDC to a second secondary wallet and then used this wallet to collateralize 13.4 million USDC and borrowed 3000 ETH, opening a short position. In fact, this is a sign that this Whale is betting on the depreciation of ETH in the short term.
📉 ETH is currently still fluctuating around 1600 USD. If the situation continues to worsen, the market may witness a sharp drop. So, you know what to do:)) Add this wallet to your watchlist and keep a close eye on it!