🚨 Just now (around 3:00), on-chain whales suddenly closed their positions!

Detected multiple large BTC / ETH short positions being actively bought to close, with astonishing amounts:

· ETH short: $15.5 million, $9.42 million, $5.86 million
· BTC short: $7.88 million, $2.21 million
· SOL short: $1.39 million
· HYPE dual-position adjustment: short $2.75 million, long $2.36 million

The key signal is:
Whales are not continuing to add to their shorts, but instead are intensively buying to close shorts within the same time window. This usually indicates—
👉 The bears are actively stopping losses to avoid risk.

Combined with the recent market continued pressure and strong bearish sentiment, this behavior likely implies:
🐋 Whales judge that the downside space is limited, and are exiting early to avoid rebound and liquidation risk.

Although they haven't immediately turned long, “short squeeze and liquidation” often serve as a leading signal for short-term bottoms.
If subsequent sustained volume increases + long positions enter, a new rally might not be far off.

⚠️ Note: Data sourced from on-chain monitoring, for reference only, not investment advice. The market still carries risks, pay attention to position management.

$ETH