Whale: Shorts ETH/BTC Ratio at 0.02855

Whale shorts the ETH/BTC ratio at 0.02855, converting 13,708 ETH worth $25 million into 393.4 BTC just as the pair rebounds from 0.02524. The coin-margined trader has already extracted 6,475 ETH ($11.78 million) in gains across the past six months by repeatedly fading the ratio higher.

Price sits at $1817.81 inside the Bollinger Bands with upper resistance at $1836.57. The 50-EMA at $1771.29 and 200-EMA at $1751.98 continue to act as stacked support while MACD prints a bullish golden cross at 13.66 and RSI holds neutral at 58.29. With price testing upper Bollinger resistance while the ratio itself faces fresh whale supply, a healthy retracement toward the 50-EMA support remains the highest-probability path before any continuation higher.