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

$2,310.13

-5.71%

$2,310.13

-5.71%

(24s)

24h Volume

$25,949,842,738.11

24h H/L

$2,461.81 / $2,222.00

Change: $239.81 (10.79%)

Long/Short

79.6%

Long: 79.6%Short: 20.4%

Funding Rate

-0.0050%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,292.30

▲ 0.98%

Volume (24h): -

Resistance Levels

Resistance 3$2,656.79

Resistance 2$2,451.98

Resistance 1$2,309.44

Price$2,292.30

Support 1$2,222.80

Support 2$1,669.37

Support 3$1,380.87

Pivot (PP):$2,275.89

Trend:Downtrend

RSI (14):24.4

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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