{"id":1625,"date":"2026-06-22T11:11:50","date_gmt":"2026-06-22T11:11:50","guid":{"rendered":"https:\/\/xrpfaucet.site\/?p=1625"},"modified":"2026-06-22T11:11:50","modified_gmt":"2026-06-22T11:11:50","slug":"ethereum-whales-bet-on-downside-but-73-traders-are-long-who-wins","status":"publish","type":"post","link":"https:\/\/xrpfaucet.site\/?p=1625","title":{"rendered":"Ethereum whales bet on downside, but 73% traders are long \u2013 Who wins?"},"content":{"rendered":"
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\ud83d\udcf0 Exclusive Crypto News & Analysis:<\/strong> Stay ahead with the latest developments in the cryptocurrency and blockchain space.<\/p>\n

\ud83d\udcc8 Market Update:<\/strong> Real-time price movements, technical analysis, and trading signals.<\/p>\n

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Ethereum remained stuck within a narrow range around $1.7k. While the altcoin consolidated over the past four days, it continued trading within a broader descending channel.<\/p>\n

At press time, Ethereum (ETH) traded at $1,736 after a modest 0.08% daily gain. While the market stabilized near $1.7k, whales remained cautious and continued positioning for downside.<\/p>\n

Why are whales betting against Ethereum?<\/h2>\n

As Ethereum\u2019s structure remained weak, demand for short positions surged among large holders.<\/p>\n

According to Onchain Lens<\/a>the whale \u201cpension-usdt.eth\u201d increased its 3x leveraged ETH short position to 50,000 ETH, worth $85.28 million. Despite limited price movement, the position was already sitting on more than $1.43 million in unrealized profit.<\/p>\n

Another whale also opened a 23,000 ETH short position with 20x leverage, valued at $39.64 million. The trader later closed the position, locking in roughly $125,000 in profit.<\/p>\n

The growing demand for short positions suggested that whales continued to expect another leg lower.<\/p>\n

\"Ethereum\"Ethereum<\/a>
Source: CoinGlass<\/figcaption><\/figure>\n

Even so, bearish bets faced mounting risks amid ongoing volatility.<\/p>\n

Data from CoinGlass showed that $22 million worth of short positions were liquidated. That suggested the market continued to punish aggressive bearish positioning.<\/p>\n

\"Ethereum\"Ethereum<\/a>
Source: Coinalyze<\/figcaption><\/figure>\n

While whales leaned bearish, broader market positioning painted a different picture. The Long\/Short Ratio climbed to 2.73. Around 73% of open positions were long, compared to 26% short.<\/p>\n

That indicated most traders expected Ethereum to rebound despite recent weakness. This divergence left the market split between cautious whales and increasingly optimistic traders.<\/p>\n

Can derivatives activity lift ETH?<\/h2>\n

Despite rising derivatives activity, Ethereum\u2019s broader market structure remained weak. That suggested capital flowing into derivatives markets was still insufficient to drive a sustained breakout.<\/p>\n

\"Ethereum\"Ethereum<\/a>
Source: TradingView<\/figcaption><\/figure>\n

The Directional Movement Index (DMI) reflected a lack of strong momentum. The negative directional indicator remained dominant, while the ADX hovered near 5.<\/p>\n

That combination suggested neither buyers nor sellers held a decisive advantage.<\/p>\n

As a result, Ethereum may continue trading sideways between $1.6k and $1.7k in the near term.<\/p>\n

However, stronger demand in derivatives markets could increase liquidation pressure on shorts. If that occurs, ETH may break above its current range, with $1,850 emerging as the next resistance level.<\/p>\n\n

Final Summary<\/strong><\/h2>\n<\/p><\/div>\n

\ud83d\udca1 Pro Tip:<\/strong> Bookmark our site for daily insights, market predictions, and expert trading strategies.<\/p>\n

\ud83d\udd17 Explore More:<\/strong> Check our sections for in-depth guides, exchange reviews, and blockchain technology deep-dives.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\ud83d\udcf0 Exclusive Crypto News & Analysis: Stay ahead with the latest developments in the cryptocurrency and blockchain space. \ud83d\udcc8 Market Update: Real-time price movements, technical analysis, and trading signals. Ethereum remained stuck within a narrow range around $1.7k. While the altcoin consolidated over the past four days, it continued trading within a broader descending channel. …<\/p>\n","protected":false},"author":1,"featured_media":1626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[443,358,410],"class_list":["post-1625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ambcrypto","tag-crypto-news","tag-ethereum"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/1625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1625"}],"version-history":[{"count":0,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/1625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/media\/1626"}],"wp:attachment":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}