ETH: Whale Shorts Ratio at 0.02855 on Rebound
ETH whale converts 13,708 ETH to 393.4 BTC at 0.02855 ratio, extending six-month gains of 6,475 ETH while price holds $1817.81 on 4h chart.
SourceAnalysis
ETH whale executed a fresh short on the ETH/BTC ratio, swapping 13,708 ETH worth $25 million into 393.4 BTC at 0.02855 after the pair climbed from 0.02524. The coin-margined trader has already booked an extra 6,475 ETH or $11.78 million over the past six months by repeating the same play on OKX.
Price sits at $1817.81 inside the Bollinger band with upper resistance at $1836.57. The 50-EMA at $1771.29 and 200-EMA at $1751.98 continue to act as layered support while MACD prints a bullish golden cross at 13.66 and RSI holds neutral at 58.29, pointing to a measured pullback toward the 50-EMA before any extension higher.
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