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

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

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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