Ethereum Whale Opens 25x Short on 351.92 ETH Worth $1.05M at $2,983.47 Avg Entry, Currently at a Slight Loss

ETH

ETH/USDT

$2,016.64

+0.71%

$2,016.64

+0.71%

(24s)

24h Volume

$12,092,626,303.98

24h H/L

$2,046.59 / $1,976.48

Change: $70.11 (3.55%)

Long/Short

76.6%

Long: 76.6%Short: 23.4%

Funding Rate

+0.0051%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,020.87

▲ 0.31%

Volume (24h): -

Resistance Levels

Resistance 3$2,214.27

Resistance 2$2,124.25

Resistance 1$2,056.24

Price$2,020.87

Support 1$2,015.37

Support 2$1,942.29

Support 3$1,875.80

Pivot (PP):$2,017.70

Trend:Downtrend

RSI (14):32.9

As reported by COINOTAG News and HyperInsight data on December 20, a cryptocurrency whale opened a short ETH position roughly nine hours ago, using 25x leverage to short 351.92 ETH, valued at about $1.05 million. This move is one of 14 transactions this month tracked by the data provider.

The average entry price for the position sits at $2,983.47 per ETH, and the position remains in slight negative territory as price action unfolds. Readers should monitor risk management and on-chain signals to gauge ongoing activity without making speculative projections.

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