Ethereum Whales Flip to Shorts as Open Interest Stays Near 10.58M ETH
- —30-day and 180-day ETH open interest deltas are negative
- —Whale vs. Small Investor delta has also turned negative
- —Ethereum futures open interest holds near 10.58M ETH
- —High OI plus whale repositioning raises liquidation risk
Why it matters: Whales cutting longs while futures open interest stays crowded makes ETH prone to sharp moves and cascading liquidations.
Source: The Crypto Updates