On-chain data today revealed a surprising move in the Ethereum market. Well-known trader Machi has increased his long position, signaling confidence in a potential upward move for ETH. At the same time, another large whale — already sitting on over $10 million in profit — has opened a short position, expecting a possible price correction. These opposite whale strategies create a highly volatile environment, where both bullish and bearish forces are active. Traders should watch liquidity zones around $3,000 closely, as a breakout or breakdown could happen anytime. The next move may define ETH’s short-term trend.