Analyst: Ethereum whales cut longs and turn to shorts
- —30-day and 180-day ETH open interest delta both sit in negative territory
- —Whale-versus-retail delta also points to a shift by large holders
- —Total ETH futures open interest remains around 10.58 million ETH
- —High leverage leaves Ethereum vulnerable to a liquidation cascade
Why it matters: Whales flipping short while open interest stays high raises the risk of forced liquidations and sharper ETH volatility.
Source: Bitcoin Sistemi