Ethereum Whale Liquidates Short Positions, Signals Defensive Move

A prominent crypto whale known as HyperUnit has closed all their long Ethereum positions, resulting in a profit of roughly $2.8 million. This move comes after the whale profited significantly by shorting the ETH correction in October. 💰🚀 Analysis from Arkham Intelligence suggests this whale liquidated or rebalanced its long-side positions on various centralized exchanges like Kraken, Binance, and Hyperliquid. 📈 Several outflows were detected within recent days further confirming a strategic shift away from leveraged exposure. 🛡️