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Whales Trim ETH Positions After Multi‑Million Dollar Losses — Market De‑risking

I note that two large ETH traders have been trimming positions while sitting on significant unrealized losses. “Maji Brother” (Huang Licheng) reduced his ETH long by about $944.6k and is showing roughly $4.99M unrealized loss with a liquidation price near $2,938.10.

Another whale (address starting 0x20c2d9) cut ETH shorts by about $801.1k and currently carries roughly $22.26M unrealized loss with a liquidation price near $6,072.20. Both moves look like de‑risking rather than fresh directional conviction.

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Analysis

Both reductions — a ~$945k long cut with ~$5.0M unrealized loss and an ~$801k short cut with ~$22.3M unrealized loss — point to risk management under stress, not a clear bullish or bearish signal. Exp...

Recommendation

I'm watching price action and recommend avoiding new leveraged entries for now. Wait for clear support or breakout confirmation and manage size tightly if trading; treat this as a watch/monitor situat...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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