Bitcoin And Ethereum Whales Turn Bearish With Preference For Short Positions ...
Bitcoin and Ethereum prices briefly surged on Wednesday, with BTC reclaiming $71,000 and ETH reclaiming $2,200. Despite the upside move, reports are showing that large investors across the market are heavily bearish toward the two leading cryptocurrency assets. Whales Bet Against Bitcoin And Ethereum Bullish momentum appears to have returned for Bitcoin and Ethereum as […]
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Bitcoin has not entirely lost its newfound upside momentum despite a pullback to the $75,000 price level. However, traders appear to be gradually switching into a bearish stance on BTC as evidenced by growing short positions around the leading cryptocurrency asset, particularly among seasoned investors. Large Players Are Increasingly Shorting Bitcoin While the Bitcoin price […]
Derivatives data shows Bitcoin whales added to their leveraged positions after BTC price topped out at $42,600. Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA's largest oil exporter, denied claiming to start mining Bitcoin.Top traders at exchanges seized the opportunity to add leverage-long positions, a clear bullishness indicator. Furthermore, margin traders have been increasing their stablecoin borrowing, indicating that whales and professional traders....
Ethereum is experiencing a notable shift in derivatives positioning as high-leverage long positions decline sharply across the market. The reduction suggests that many overly aggressive bullish trades have either been closed voluntarily or forced out through recent liquidation events. Could Ethereum Be Preparing For A Short Squeeze Next? Crypto investor and data analyst known as CW on X pointed out that Ethereum is going through a significant deleveraging phase as high-leverage long positions continue to decline significantly across the market. At the same time, short positions have....
Ethereum whales are no doubt some of the biggest fans of meme coin Shiba Inu but it seems even the whales are starting to feel the heat of the downtrend. This has resulted in the top whales significantly decreasing their holding in the digital asset. Now, these whales still hold a reasonable portion of […]
After breaking past the pivotal $90,000 mark, Bitcoin’s price has remained strongly above this threshold, recording notable gains in the past few days. However, the renewed upward trend is now being faced with growing bearish sentiment from large BTC investors as they load up short positions. Whales Renew Interest In Bitcoin Shorts In a shocking […]