According to @lookonchain, smart trader 0xCB92 demonstrated strong bearish sentiment on ETH by selling 915 ETH worth $3.38 million and 1.49 million ARB valued at $598,000 after being partially liquidated as ETH bounced above $3,700. The trader then deposited $3.98 million USDC into Hyperliquid to continue shorting ETH, maintaining a significant short position totaling 27,000 ETH ($99.27 million). These large-scale moves provide key trading signals for market participants and may increase short-term volatility for ETH and ARB. Source: @lookonchain