According to @EmberCN, an on-chain address collateralized approximately USD 700 million in USDC and borrowed 66,000 ETH (about USD 262 million) before transferring the ETH to Binance, indicating a short setup based on the transaction flow reported by the author (source: twitter.com/EmberCN/status/1985159041048588294; on-chain profile: debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c). About 1.5 hours before the post, the address withdrew 20,021 ETH (about USD 78.15 million) from Binance, which the author interprets as buying back ETH to take profit after shorting (source: twitter.com/EmberCN/status/1985159041048588294). The author notes the short was initiated near ETH USD 4,032 and references ETH at USD 3,850, implying roughly USD 12 million profit on the covered portion (source: twitter.com/EmberCN/status/1985159041048588294). The author presents these flows as evidence of short-covering progress that could affect near-term ETH order flow around the USD 3,850 level (source: twitter.com/EmberCN/status/1985159041048588294).

According to @lookonchain, trader BitcoinOG (1011short) fully closed a 2,100 BTC short position valued at $227.8M and realized an additional $6.4M profit, per the same source: https://x.com/lookonchain/status/1981175048716374455.

According to @business, a rapid rally in Beyond Meat (BYND) shares sparked a short-seller frenzy as some bearish traders rushed to cover positions to avoid further losses while others increased their short bets, highlighting conflicting positioning in the name, source: Bloomberg (@business), Oct 22, 2025. According to @business, the report characterizes the move as a short-seller frenzy tied to the sharp advance in BYND, with no direct cryptocurrency market impact cited in the coverage, source: Bloomberg (@business), Oct 22, 2025.

According to @lookonchain, the trader known as BitcoinOG (1011shortBTC) has closed his BTC short position to realize profits; source: Lookonchain on X, Oct 14, 2025, x.com/lookonchain/status/1978128060705611997.

According to @52kskew, aggregate short positioning is rolling off, with passive spot buying mainly via Coinbase and a Coinbase premium at the moment. source: @52kskew on X, Oct 11, 2025 Spreads remain very wide across markets, and market makers are likely assessing damage before liquidity returns later. source: @52kskew on X, Oct 11, 2025

According to @EmberCN, a whale closed BTC shorts at USD 106,216 and ETH shorts at USD 3,433 during the early Oct 11 wick on Hyperliquid, realizing approximately USD 21.82M in profit; source: @EmberCN; hyperbot.network/trader/0x8deCc13b6E83873a78126E99036F9442019FD0b5. The same wallet reportedly opened roughly USD 137M in BTC and ETH shorts at BTC 120,892 and ETH 4,502 after exiting ETH spot at USD 4,221 on Sep 22 for USD 11.6M profit; source: @EmberCN; hyperbot.network/trader/0x8deCc13b6E83873a78126E99036F9442019FD0b5. These executed prices highlight notable order-flow reference levels: potential resistance at BTC 120,892 and ETH 4,502, and potential support at BTC 106,216 and ETH 3,433 for traders monitoring liquidity and derivatives positioning; source: @EmberCN; hyperbot.network/trader/0x8deCc13b6E83873a78126E99036F9442019FD0b5.

According to Lookonchain, a Bitcoin OG closed most BTC and ETH short positions within 30 hours, realizing over $160M in profit and leaving 821.6 BTC shorts valued at about $92M outstanding (source: Lookonchain). Based on Lookonchain's report of this large short unwind, traders in BTC and ETH can monitor funding rates, open interest, and liquidity around key levels for follow-through activity from the remaining short exposure (source: Lookonchain).

According to Lookonchain, ETH whale address 0x69e4 closed an ETH short position as the market rebounded, realizing a loss of over $1.58 million; source: Lookonchain on X, Sep 30, 2025. Lookonchain reports the short was fully closed by 0x69e4 with the realized loss exceeding $1.58 million, highlighting notable short-covering activity in ETH; source: Lookonchain on X, Sep 30, 2025.

According to @ai_9684xtpa, Hyperliquid’s largest ASTER short covered 1.293 million tokens during last night’s rally, realizing a $390,000 loss, indicating forced buy-side flow into the order book. Source: @ai_9684xtpa on X; hyperbot.network/trader/0x939f95036d2e7b6d7419ec072bf9d967352204d2. The same account then rebuilt exposure to roughly $5.11 million notional, now holding 3.153 million ASTER with an average entry of $1.05 and an unrealized loss of $1.798 million, showing the position remains under pressure as price advances. Source: @ai_9684xtpa on X; hyperbot.network/trader/0x939f95036d2e7b6d7419ec072bf9d967352204d2. Based on the reported size and PnL, the implied mark price at the time of reporting is approximately $1.62 for ASTER (calculation from the provided figures). Source: figures from @ai_9684xtpa on X and hyperbot.network/trader/0x939f95036d2e7b6d7419ec072bf9d967352204d2.

According to @52kskew, BTC price action was dominated by order book spoofing both higher and lower. According to @52kskew, the only genuine buy flow was a TWAP bid supporting price during the move up. According to @52kskew, additional upside came from shorts closing into the rally rather than fresh spot demand.

According to @52kskew, BTC rebounded off visible bid depth with roughly $100M bought back, signaling renewed market demand (source: @52kskew on X, Sep 5, 2025). According to @52kskew, perpetual futures positioning shows a clear rotation out of shorts and hedges ahead of a major NFP release, with most expecting further progress toward rate cuts (source: @52kskew on X, Sep 5, 2025). According to @52kskew, traders should look for strength and sustained demand, especially on holds above $111K as an intraday confirmation level (source: @52kskew on X, Sep 5, 2025).

According to @ai_9684xtpa, AguilaTrades shorted ETH three times over the past three days and realized cumulative losses exceeding $3.704 million, with the latest position held for nearly 10 hours closed on 22,560 ETH for about $0.94 million in realized loss, and remaining exposure being exited via TWAP (link shared: hyperbot.network/trader/0x1f250), source: @ai_9684xtpa. Based on the figures provided, the closed tranche implies an average realized loss of roughly $41.7 per ETH (0.94M/22,560), quantifying the adverse move against the short during the holding window, source: @ai_9684xtpa.

According to @EmberCN, ETH has moved back above $4,300. Source: @EmberCN. According to @EmberCN, trader AguilaTrades closed most of his ETH short 20 minutes ago and is unwinding the remainder via TWAP. Source: @EmberCN. According to @EmberCN, this marks his third consecutive stopped-out short in three days after earning $11.3 million from a long on ETH three days earlier. Source: @EmberCN. According to @EmberCN, repeated short covering at higher prices highlights persistent upside pressure that momentum-focused traders should monitor. Source: @EmberCN.

According to @EmberCN, trader AguilaTrades closed a 25,000 ETH short between 03:00–06:00 after opening it the prior night, realizing a $700,000 loss, indicating rapid intraday reversal and short covering pressure in ETH; source: @EmberCN on X, Aug 11, 2025. The decision avoided an approximately $2,000,000 unrealized loss had the short remained open, underscoring the importance of strict risk controls and timely stop-loss execution for Ethereum short sellers; source: @EmberCN on X, Aug 11, 2025.

According to @ai_9684xtpa, AguilaTrades has nearly closed a 25x leveraged short position on ETH with a reported 24-hour loss of $696,000, leaving a remaining short exposure of $386,000. Source: @ai_9684xtpa on X, Aug 11, 2025. The post also states the trader previously realized more than $11.3 million in profit from an earlier short, providing room for further trial and error. Source: @ai_9684xtpa on X, Aug 11, 2025. The author emphasizes timely stop-loss execution and warns that shorting into a rising market carries elevated risk, indicating this account is reducing short exposure. Source: @ai_9684xtpa on X, Aug 11, 2025. For traders, the reported de-risking and smaller remaining short can be used as context when monitoring ETH derivatives flows and positioning. Source: @ai_9684xtpa on X, Aug 11, 2025.

According to @rovercrc, large institutional investors are actively closing their short positions on Ethereum (ETH), suggesting a shift in sentiment that could drive significant upward price momentum. This reduction in bearish bets may signal increased buying pressure, raising the potential for ETH to target higher resistance levels, including the $6,000 mark. Traders should monitor institutional flows closely as these actions often precede major market moves in crypto assets like ETH. Source: @rovercrc.

According to @EmberCN, James Wynn liquidated his $1 billion Bitcoin short position between 6:09 and 6:15, incurring a loss of $15.86 million. The forced closure of this 40x leveraged short, originally opened at an average price of $107,069 for 9,402 BTC, led to a rapid $800 increase in BTC price due to short covering pressure. This large-scale liquidation highlights the direct impact of major whale trades on Bitcoin price action and market volatility, offering short-term trading opportunities for crypto traders monitoring whale activity (Source: @EmberCN, Twitter, May 25, 2025).

According to Brad Freeman (@StockMarketNerd), recent short covering by bearish traders signals that many market participants may have closed their short positions and entered long at what could be the market bottom. For cryptocurrency traders, such sentiment shifts historically align with local bottoms, often leading to increased volatility and potential upward price momentum in major crypto assets (source: Brad Freeman Twitter, May 12, 2025). Monitoring short interest and trader positioning can provide valuable entry and exit signals for crypto market participants.