🚨 Just now (around 3:00), on-chain whales suddenly closed their positions en masse!

Detected multiple large BTC / ETH short positions being actively bought to close, with astonishing amounts:

· ETH short positions: $15.5 million, $9.42 million, $5.86 million
· BTC short positions: $7.88 million, $2.21 million
· SOL short position: $1.39 million
· HYPE dual-side position adjustments: short close $2.75 million, long close $2.36 million

The key signal is:
Whales did not continue to add to their shorts, but instead, within the same time window, they densely bought to close shorts. This usually indicates—
👉 The bears are actively stopping losses to hedge.

Combined with the recent market continued pressure and strong bearish sentiment, this behavior likely suggests:
🐋 Whales judge that the downside is limited and are exiting early to avoid rebound and liquidation risks.

Although they did not immediately switch to long positions, “short squeeze and liquidation” often serve as a leading signal of short-term bottom.
If subsequent sustained volume increase + long positions enter, a new rally might not be far off.

⚠️ Note: Data is from on-chain monitoring, for reference only, not investment advice. The market still carries risks, pay attention to position management.

$ETH ‌