$ETH Whales are currently taking profits on their short positions.
In this month, the number of short positions held by whales has been declining rapidly. Meanwhile, $ETH continues to show a bearish trend.
Tgus trend is nearing the end.
If this indicator flips into positive territory, it will signal that whales have shifted to long positions.
The current $ETH Whale vs Retail Delta stands at -0.295, indicating that the $ETH is approaching the end of the downward trend.
CW retweeted
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 202,600,000 $USDT (202,337,126 USD) transferred from unknown wallet to #Bitfinex
whale-alert.io/tx/ethereum/0…
Since the last halving, there have been very short periods where $BTC miners could taking a profit.
The capitulation signals are still persisting. Nevertheless, $BTC has maintained its trend after breaking above the 200D EMA.
The upper line of the $BTC production cost is $95k. At its current level, $BTC remains significantly undervalued.
Wintermute saw the value of their wallet holdings decrease by $77.4 million over the past week.
The increased their holdings of $PYTH, $LIT, $USELESS, $CAKE, $PUMP, $IMX, $TRX, $BAT, $SYRUP, and $SHIB.
Conversely, they reduced their holdings of $BTC, $ETH, $HYPE, $SOL, $PEPE, $AERO, $LINK, $FARTCOIN, solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN, $WLFI, $AVAX, $ASTER, $QNT, $LDO, $ZRO, solana:jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL, $GRASS, $RAY, $AUDIO, $WLD, $WIF, $MORPHO, solana:orcaEKTdK7LKz57vaAYr9QeNsVEPfiu6QeMU1kektZE, and $ONDO.
The B2C2 group saw the value of their holdings decrease by $32.55 million over the past week.
They are increased holdings of $ENA, $PAXG, $PEPE, $ZEC, $BNB, $BAT, $AVAX, $EIGEN, and $OP.
Conversely, they reduced their holdings of $BTC, $HYPE, $MORPHO, $LIT, $LINK, $ETH, $CHIP, $ONDO, $LDO, $UNI, $TRX, $ASTER, $POL, $XCN, and $QNT.
As the weekend concludes and Monday begins, $ETH whales are on the move again.
The $ETH Whale vs Retail Delta has narrowed to the -0.25 level.
Whales are closing out their short positions.
A $ETH rally will begin once this indicator shifts into positive territory.
The $ETH Whale vs Retail Delta currently saw at -0.35.
Whale activity slowed down over the weekend, and their process of closing out short positions has temporarily paused.
Whales have been rapidly reducing their short positions, but this momentum took a brief break over the weekend.
A $ETH rally is likely to begin once this indicator shifts into positive territory.
Having stood at -1.2 earlier this month, the indicator has now narrowed to -0.35. A sign that whales are closing their bearish bets.





















