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Don’t be fooled by the sideways market! The whales are quietly “betting” on a plunge
The market right now looks stable, but in reality there are dark undercurrents surging.
BTC is stalling around 64,000, ETH is hard-pressing at 1,750, and SOL can’t even reclaim 75. Do you think it’s building up momentum? No—it's the whales laying out a big plan.
One address has increased its ETH short positions from 30,000 to 50,000, for a size of $85 million; another has opened a fresh 23,000 ETH short at an average price of 1,724. Even more ruthless: with hundreds of thousands of dollars, they directly opened 20x leverage, shorting BTC, ETH, and SOL at the same time.
This isn’t just bearish sentiment—it’s a certainty that the rebound will fail.
Key levels for ETH:
· Once 1,740 breaks, it will run straight to 1,700;
· If it can’t break through 1,780—1,820, the shorts will only get more and more brazen.
BTC is also awkward: a sell wall at 64,500 is capping it, while buy orders at 63,500 are propping it up—trapped in the middle, unable to move.