According to @EmberCN, a prominent Ethereum whale known for a 75% win rate in recent trades demonstrated strong commitment to shorting ETH. After his short position of 30,000 ETH was liquidated when Ethereum (ETH) rebounded above $3,700, he immediately added $3.32 million in USDC as margin to reopen 27,000 ETH shorts (valued at $100 million). The whale's persistent shorting signals significant resistance at current ETH price levels and highlights potential volatility for traders, as large liquidations and renewed bearish positions can strongly impact ETH price action. Source: @EmberCN

According to EmberCN on Twitter, a trader opened a $103 million ETH short position at $2,514 with 25x leverage, only to face a significant price surge that led to a series of stop-losses and a total realized loss of $2.46 million. After liquidating the ETH short, the trader immediately shifted to a 40x leveraged BTC long at $106,580 using the remaining funds. This aggressive switch in trading direction highlights the risks and volatility present in high-leverage crypto derivatives trading, and suggests increased short-term volatility for ETH and BTC futures markets. Source: EmberCN Twitter, May 19, 2025.