Whale pension-usdt.eth: Raises ETH Short to 50,000
Whale pension-usdt.eth lifts ETH short to 50,000 ETH worth $85.28M with $1.43M profit as price holds $1712.63 amid bearish 4h structure.
SourceAnalysis
pension-usdt.eth lifted its 3x ETH short to 50,000 ETH valued at $85.28M and already books over $1.43M in floating gains while ETH trades at $1712.63. The position sits inside a bearish 4h structure where price remains capped below the EMA50 at $1725.52 and far under the EMA200 at $1865.52, with MACD locked in a death cross at -2.22. Momentum at RSI 45.41 shows no oversold bounce yet, leaving the pair trapped inside the Bollinger band between $1750.41 resistance and $1686.71 support; any test of the upper band is likely to meet fresh supply before a measured retracement toward the 50-EMA. ETH price prediction models now price further downside risk if the short whale adds again, raising odds of a crypto market crash extension through the summer.
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