According to EmberCN on Twitter, a prominent Ethereum whale who has repeatedly shorted ETH near the $1,800 level recently closed a 10,000 ETH short position at a significant loss. The whale initially sold short 10,000 ETH at an average price of $1,791 on May 1, 2025, and covered the position a week later at $1,834, resulting in a $430,000 loss (source: EmberCN Twitter, May 7, 2025). This move highlights continued upward price pressure in the Ethereum market and signals that aggressive shorting strategies are currently unprofitable. Traders should note the resistance for ETH shorts near $1,800 and consider the implications for volatility and order book liquidity, as whale activity can serve as an indicator for future market direction.

According to @EmberCN, a major Ethereum whale purchased 5,473.7 ETH at $1,802 per coin in the past 3 hours, spending $9.862 million USDT. Previously, in January, the same whale bought 3,634 ETH at $3,208 each. This brings the total holdings to 9,109.6 ETH (worth $16.8 million), with a total investment of $21.52 million and an average entry price of $2,363. The whale is currently facing an unrealized loss of $4.74 million or -22% (source: @EmberCN via Twitter, May 7, 2025). Such significant whale activity and underwater positions may increase market volatility and influence short-term ETH price trends, as large holders often impact liquidity and sentiment. Traders should monitor whale wallet actions closely for potential market signals.

According to EmberCN, a whale has repeatedly shorted Ethereum (ETH) around the $1,800 level, now holding a cumulative short position of 10,000 ETH valued at $17.9 million with an average entry price of $1,791. The whale increased their position by shorting an additional 4,000 ETH within the last hour. Currently, the position is incurring an unrealized loss of $510,000. Traders should monitor this whale's aggressive positioning and potential liquidation risk, as significant short exposure near a key resistance level could drive volatility in ETH price action. (Source: EmberCN on Twitter, debank.com/profile/0x8e5a)