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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid shifting liquidity dynamics in the crypto sector, a major Ethereum whale has opened a massive $100 million short position, betting on a potential price decline. This bearish move coincided with a public commitment from Ethereum co-founder Vitalik Buterin, who vowed to reduce his personal ETH sales moving forward to bolster market sentiment. According to reports, this high-stakes short position faces immediate liquidation risks and potential losses of $1 million if the price of ETH climbs to $2,150.
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Sign InThis whale activity occurs as peer assets show mixed performance, with Solana (SOL) trading at $168.40 and Binance Coin (BNB) holding near $602 per market data. Historically, sales from Buterin's known wallets have created localized downward pressure; however, his latest pledge aims to decouple Ethereum's price action from founder-led liquidations. Market analysts suggest that the concentration of short positions near current levels could trigger a short squeeze if ETH maintains its upward momentum.
Investors are now closely monitoring whether Ethereum can breach key resistance levels, with ETH trading at $2,105.40 (close May 25, 2026). Looking ahead, broader market sentiment may be influenced by upcoming global macro data, including Canada’s Inflation Rate scheduled for release today. The $2,150 level remains the critical threshold to watch, as a move to this price point would likely force the liquidation of the aforementioned $100 million short position.