ETH above $1,800, short squeeze confirmed; rare buy signal; whale accumulation; options still bearish; ETH/BTC whale swing trade at 0.0285; analyst target $2k
Key Questions
What drove ETH above $1,800 recently?
ETH rallied above $1,800 after a short squeeze confirmed by 89% of $156M liquidations being shorts and positive funding rates for 8 days.
What rare buy signal has flashed for Ethereum?
A rare buy signal appeared with the funding rate spiking to 0.0136%, alongside whale accumulation from buyers like Nemorino and Tom Lee.
Which whales have accumulated ETH recently?
Nemorino bought $10.7M worth, Tom Lee acquired 5,000 ETH, and Arthur Hayes purchased 1,500 ETH for $2.63M.
What is the analyst target for ETH?
Analyst Soloway raised the short-term target for ETH to $2K following the recent price action.
Are options markets bullish on ETH?
No, the options market remains bearish with elevated put skew despite the spot price recovery.
What happened in recent ETH liquidations?
Over $130M in ETH positions were liquidated in 24 hours, with shorts dominating and contributing to the squeeze.
What ETH/BTC trade did a whale recently open?
A whale opened a third swing trade at the 0.0285 ratio, betting on BTC outperformance over ETH after prior profitable trades.
What are the key levels for ETH swing trades?
Key levels cited are $1.8K support and $2.466 for potential upside targets amid mixed dominance charts.
ETH at $1,669, now above $1,800 after Sunday rally. Short squeeze confirmed: 89% of $156M liquidations were shorts; funding positive 8 days; rare buy signal flashed with funding rate spike to 0.0136%. Whale accumulation signals: Nemorino buys $10.7M, Tom Lee buys 5,000 ETH, Arthur Hayes buys 1,500 ETH ($2.63M). Whale 0xEe0A rotates from ETH to HYPE. A dormant whale sold 27,585 ETH ($44.84M) at $1,625, adding supply overhang. Builder divergence: smart contract deployments up 303%, stablecoin outflows. Key levels $1.8k and $2.466 for swing trades. Options market still bearish—put skew elevated. BlackRock deposited $8.43M ETH to Coinbase Prime, potentially bearish. Matrixport whale's ETH holdings add downside pressure. A whale with 6,389 ETH profit from two prior ETH/BTC swing trades just opened a third at 0.0285 ratio, betting on BTC outperformance. Analyst Soloway raised short-term target to $2k ETH. Fresh data: $130M in ETH shorts liquidated in recent surge, confirming squeeze momentum.