#BTCvsETH โš”๏ธ Long vs Short: The Crypto Battle Heats Up ๐Ÿ’ฅ

๐Ÿšจ Abraxas Capital just went all-in on shorting โ€”

๐Ÿ“‰ Increased ETH & BTC short positions 10x!

โ€ข $345M short on BTC

โ€ข $291M short on ETH

๐Ÿ“‰ But they're already down $82.64M ๐Ÿ˜ฌ

While institutions are flooding ETH ETFs, Abraxas is fighting the trend, likely betting on short-term ETF volatility. This feels more like a high-stakes gamble than a strategy. ๐ŸŽฒ

On the flip sideโ€ฆ

๐Ÿ‹ A whale just locked in $73.66M profit from long positions โ€” showing bulls still dominate.

๐Ÿš€ With this tug-of-war, expect BTC & ETH volatility to spike hard in the short term!

๐Ÿ“Œ My view:

If ETH breaks $3987, shorts could face massive liquidation โš ๏ธ

๐Ÿ” Stay alert for large on-chain transfers

๐ŸŽฏ Be ready โ€” a bottom-fishing opportunity might just be around the corner! #BTCvsETH