According to EmberCN on Twitter, a whale who previously shorted ETH at the $1,800 resistance level changed strategy by aggressively shorting during a price drop, borrowing 6,000 ETH ($10.58M) to sell at $1,764.7. As ETH rebounded shortly after, the whale now sits on an unrealized loss of $186,000. This behavior signals heightened risk for traders copying similar momentum shorts and suggests a potential short squeeze environment if ETH maintains strength above $1,760 (source: EmberCN, Twitter, May 1, 2025).