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$BTC Brothers, something big has happened! Three major on-chain whales are shorting at the same time, and one SOL short is just $2.5 away from liquidation!
I just analyzed the data, each one more aggressive than the last, so let me get straight to the point:
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Starting with the most alarming one (Figure 1)
A brother opened a short position of 27k SOL, 20x leverage, entry price $90.49.
Liquidation price is only $92.75!
What’s SOL trading at now? $90.2 (see Figure 4).
Just $2.55 away!
A rebound of less than 3%, and this $2.41 million position is gone.
He’s already floating at a loss of nearly $4,000 and still holding on, I suspect his hands are trembling.
---
Another whale (Figure 2) opened three short positions:
· ETH short: 902 contracts, entry at 13.8k, making a nice profit.
· HYPE short: 11k contracts, 10x leverage, floating profit +$3,755, not bad.
· SOL short: 5,814 contracts, entry at $90.55, liquidation at $110, currently safe but also down $160.
This guy’s ETH profits are filling the gaps from SOL.
---
And another tough player (Figure 3), shorting BTC with 40x leverage
40 BTC shorts, entry at $79,416, liquidation at $4,318, with a cushion of about $30k, not panicking for now.
But with 40x leverage, a wrong move could wipe him out completely.
---
Now, look at the overall market long-short ratio (Figure 4)
BTC: 50% long, 50% short, perfectly balanced
ETH: 47% long, 53% short, more shorts
SOL: 48.7% long, 51.3% short, shorts slightly ahead
HYPE: 46.7% long, 53.3% short, the most aggressive shorts
In other words, both whales and retail traders are betting on further declines, but that $92.75 SOL short is like sitting on a powder keg.
---
My plain-language summary:
· Right now, the bulls and bears are both stubborn and refusing to back down.
· But the most dangerous one is that brother with the $92.75 liquidation SOL short—just a little push higher, and it’s gone.
· If you have the funds, push SOL up to $93, and you’ll witness a million-dollar position evaporate right before your eyes.
Brothers, are you going to follow the shorts, or are you ready to push the market and blow him up?
$ETH $SOL #Gate广场五月交易分享