According to @EmberCN, a major trader recently added 7000 ETH to their short position, bringing their total ETH shorts to 57,000 ETH valued at $204 million, with an average entry price of $3632 and a liquidation price of $3727. This substantial leveraged short adds significant sell-side pressure to the ETH market and may increase volatility in the near term, especially as prices approach the liquidation threshold. Traders should closely monitor ETH price movements and liquidity levels, as large liquidations could trigger sharp market reactions (source: @EmberCN).

According to @hypurrscan, wallet 0x2258 has opened a significant 20x leveraged short position on 28,248 ETH, valued at approximately $70 million. The entry price for the trade is $2,561, with a liquidation price set at $2,694. This large leveraged position increases downside pressure on Ethereum in the near term and could trigger volatility, especially if ETH approaches the liquidation threshold. Traders should monitor the $2,561 entry and $2,694 liquidation prices closely, as a price surge towards the liquidation level may result in short covering and rapid upward price movements. Source: hypurrscan.io/address/0x2258