
Ethereum at $2,652: Bitfinex Shorts Jump 13,000% as Whales Add 320,000 ETH
- —ETH holds $2,652 above EMAs clustered at $2,260–$2,430, RSI at 59
- —Bitfinex ETH shorts rose from 771 to 101,000 ETH in two weeks
- —Large wallets added 320,000 ETH worth $864 million in a week
- —Supply zone at $2,722–$2,822 saw 13.3 million ETH change hands
Why it matters: Extreme short buildup against whale accumulation raises short-squeeze risk, but the $2,722–$2,822 supply wall remains the key hurdle.
Source: CoinCentral