Ethereum Whale Dey Put Money to Stop ETH Liquidations
One big Ethereum whale don put plenty capital into margin accounts to stop big ETH short liquidations as prices dey recover. On-chain data show sey dem top-up multiple times for the past week, show sey the whale get strong bearish belief and over $10 million unrealized losses on their short positions. These capital injections na to stop the rising ETH short squeeze, support price during high volatility, and avoid sudden market corrections. Even though the whale strategy fit ease selling pressure for small time, e raise the amount of capital risk and show say the market dey under serious stress. Traders suppose dey watch margin levels, funding rates, short interest, and price momentum to sabi when squeeze fit happen and make better trading plans.
Bullish
Di worm capital wejins dem dey do na im suppose stop ETH sell-off by reducing forced liquidations and to increase chance for short squeeze, wey go support price for near term. By topping up margin, di worm dey reduce downward pressure on ETH, e dey help stabilize am wella, we fit boost market sentiment and make short sellers wey dey under pressure to buy. But meanwhile, dis kain action still show say bearish belief dey and risk high, e mean if price no continue to move forward, market stress fit come back again. Overall, immediate effect na positive for ETH, but traders suppose dey watch funding rate changes and any new volatility.