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๐ฅThe Smoke Rises on the Whale Battlefield: ETH Bulls and Bears Clash, and XRP Bulls Welcome a โMysterious Opponentโ!
Just detected a series of large on-exchange perpetual contract trade records.
Dark market currents are surgingโETH and XRP whales are locked in an intense game.
๐ณ ETH: Bulls and bears refuse to back down
At 14:34, someone made two back-to-back large buys of ETH perpetuals:
ยท Bought 907.05 ETH, average price 2250 USDT
ยท Bought 1030.59 ETH, average price 2250 USDT
Total: opened nearly 1938 ETH longs, and the stance is resolute.
However, only 10 minutes later (14:44):
ยท A sell order for 3032.98 ETH was filled, large sell trade, average price 2246 USDT
In the same price range, one side builds longs, and the other slams the sell-off.
This isnโt simple chasing pumps and dumpingโthis is a premeditated price battle. The long and short whales meet head-on, actively acting as each otherโs counterparty.
๐ณ XRP: Bull whale encounters a tough opponent
At 14:36:
ยท The XRP perpetual contract sold 2.63 million XRP, average price 1.37 USDT
Earlier on-chain data showed that a whale had been continuously accumulating XRP perpetual long positions.
And this active sell of more than 2.6 million XRP is very likely the counterparty specifically set to snipe that long position.
The bull whale didnโt wait for follow-up buying, but instead ran into โa hunter.โ
๐ง Summary
ยท ETH: Around 2250 has become the battleground focus for bulls and bears. Whales are trading against each other; this is not a signal of a one-way trend, but a high-density turnover zone.
ยท XRP: In the previously crowded long-bull track, targeted sell orders have appeared. The counterparty isnโt retail investorsโitโs another whale.
This level of mutual liquidation is often not the end of a move, but a telltale sign of a new round of direction selection.
On-chain data wonโt lie, but whales will bite each other.
The game is now out in the openโwhich side are you on?
This article is an original analysis by โHaar Hโ
If you need to check on-chain data for other coins,
๐ Leave the coin name in the comment section, and once I see it, Iโll help you look it up.
Follow โHaar Hโ and letโs uncover the truth on-chain. $ETH