Whale Big Move: 20x Leverage Short on 431 ETH, Aggressive Bearish Signal Released

【Blockchain Rhythm】On-chain data monitoring shows that a large holder today afternoon opened a short position of 431.6 ETH with 20x leverage, with an entry average price of $3026.28. The account is currently showing a slight profit.

What is even more noteworthy is that this address recently deposited over 860,000 USDC. Coupled with high leverage short positions, this signals a clear bearish outlook. Such aggressive strategies often indicate that large holders are making short-term market predictions and also reflect market participants’ cautious attitude towards ETH’s recent performance.

ETH-1,3%
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DaoGovernanceOfficervip
· 8h ago
ngl the empirical data here screams desperation more than conviction... 20x leverage on 431 eth? that's not alpha, that's just leverage theater disguised as market signal
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CrashHotlinevip
· 8h ago
Wow, 20x leverage short 431 ETH? This whale is really going all out, throwing in 860,000 USDC. What are they betting on? Is ETH about to drop below 3000? The market does seem to be under some pressure. The big players are speaking, so us retail investors just have to listen... Stay calm. This rhythm doesn't seem right. Is the rebound about to end? Going short with 860,000 directly, really bold. What if it reverses?
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MevTearsvip
· 8h ago
Playing with 20x leverage and going so big, this guy really dares to do it. If the market reverses suddenly, he'll be liquidated immediately. We need to keep an eye on the whales' actions. Dropping 860,000 USDC just to short ETH shows they've had this plan all along. This rhythm... feels like it's about to drop, but I still don't dare to go all in. It's too intense. Wait, is this real? Only bought in at 3026? So when can I buy at this price? Such big players use 20x leverage as soon as they make a move. I'm still doing small leverage all-in, the gap is really huge.
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TopEscapeArtistvip
· 9h ago
Here comes another one, a 20x leverage short... I wonder if this guy is truly bearish or just trying to create panic sentiment. Taking such an aggressive position... just wait to be squeezed. History's bottom-fishing addicts always get caught in signals like this.
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