🔥 Whales actively close short positions exceeding $300 million! The long-short ratio is subtly shifting, is the market about to change? As of today, on-chain data shows that the total amount of ETH and BTC whales actively closing short positions has surpassed $300 million, indicating large funds are rapidly withdrawing from short positions. Combining the long-short ratio data: · BTC: Price $78,686, long-short ratio 51.59% : 48.41%, longs are slightly ahead, but the gap is not large. · ETH: Price $2,324, long-short ratio 52.06% : 47.94%, bullish sentiment is slightly stronger, and whales’ short closing actions are most obvious. · SOL / XRP / DOGE: Long-short ratios close to 50% : 50%, with bears slightly dominant, indicating intense competition. · BCH: Bears are slightly ahead at 48.68% : 51.32%, the only mainstream coin in the list with a significant lead in short positions. 📌 Interpretation Whales mainly close short positions, especially in ETH and BTC, which often indicates: · Profit-taking by short-sellers earlier, or a lack of optimism about further downside; · It could be a signal of a bottom range, but watch whether it turns into active long opening. Although the overall long-short ratio has not yet shown extreme skewness, large fund movements often lead sentiment indicators. If bulls follow up next, the market may see a phased rebound; if it’s only closing shorts without opening longs, volatility may still persist. ⚠️ Be cautious about chasing gains, and pay attention to risks. Whale “short closing” does not mean an “immediate reversal,” but the direction warrants vigilance. $ETH

$XRP Tight Accumulation - Base Building at Support Trade Setup: Long Entry Zone: 1.34 – 1.38 TP1: 1.44 TP2: 1.50 TP3: 1.58 SL: 1.30 #WCTCTradingKingPK