ETH Whale Short Position Grows to 4,136 ETH Amid Ongoing Decline

According to recent analysis from COINOTAG on May 19th, **Ethereum (ETH)** has demonstrated continued bearish momentum, prompting strategic moves from significant investors. The prominent “25x ETH Whale Short” has increased its position by **649 ETH**, bringing its total short holdings to **4,136 ETH**, which is currently valued at approximately **$9.9 million**. The average entry price for this short position stands at **$2,430.11**, while the liquidation threshold is set at **$2,435.60**. As of now, the unrealized profit and loss for this account sits at an impressive **$159,000**. This trend highlights the necessity for investors to remain vigilant as market dynamics shift, underscoring the importance of strategic risk management in the volatile landscape of cryptocurrency trading.