Brothers, pay attention! A thrilling billion-yuan showdown is unfolding on the ETH market. Two whales holding over a hundred million in funds are fiercely battling at the critical price of 4700 USD. This is not an ordinary long-short game, but a capital covert war that could determine ETH's short-term fate.
At 12:30 AM last night, while the investors were still dreaming, the first whale quietly made its move. A 100 million USD short position was directly slammed into 4730 USD, with the liquidation line set at 5350 USD. This move was ruthless—trapped at the upper edge of a volatile zone and chosen in the early morning when liquidity is weakest, it was clearly aimed at catching the bulls off guard.
But the bulls are not to be underestimated! At 7 AM this morning, another whale with 100 million USD launched a strong counterattack. The long position at 4750 USD was directly 20 USD higher than the short's cost, yet the liquidation line was only set at 4599 USD. This is completely a 'win big or go bust' desperate strategy!
Now ETH is stuck around 4740 USD, just a step away from both sides' cost lines. The key to this showdown is already very clear: 4750 USD is the bears' last defense line, while 4600 USD is the bulls' lifeline. Even more thrilling is that the bears have a 600 USD safety cushion, while the bulls only have 140 USD of buffer space—this means the bulls could be taken down by a sharp drop at any moment!
As an old investor, I must remind everyone: battles of this level often come with severe price fluctuations. Regardless of which side wins, it may trigger a chain reaction. If it breaks 4750, it could head straight for 5000 USD; if it falls below 4600, even 4300 may not hold. Tonight may very well reveal the outcome, so I advise everyone to fasten their seatbelts, manage their positions carefully, and not be caught off guard by the whales' battle!
