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via BeInCrypto · By BeInCrypto Editorial

A Whale Just Opened a $44 Million ETH Short: Why Hyperliquid Traders Are Moving Against It

ETH

ETH/USDT

$2,475.82
+0.83%
24h Volume

$4,185,596,557.79

24h H/L

$2,485.34 / $2,444.47

Change: $40.87 (1.67%)

Long/Short
60.2%
Long: 60.2%Short: 39.8%
Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,478.84

0.94%

Volume (24h): -

Resistance Levels
Resistance 3$2,855.08
Resistance 2$2,639.52
Resistance 1$2,516.30
Price$2,478.84
Support 1$2,448.56
Support 2$2,316.57
Support 3$2,190.00
Pivot (PP):$2,478.04
Trend:Uptrend
RSI (14):63.9
BE
BeInCrypto Editorial
(06:00 AM UTC)
1 min read
SC
Reviewed bySarah Chen

Ethereum (ETH) price is playing hide-and-seek with the $2,000 psychological level after Strategy’s first Bitcoin sale in years rattled the market, and the on-chain reaction split in two: large holders pressing the short side, and Hyperliquid traders quietly fading them.

ETH is down more than 13% month-on-month. What makes the past few hours a scoop is not the selling itself but who is leaning…

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Source

BeInCrypto Editorial · BeInCrypto

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