According to Lookonchain, a whale recently sold 2,056 ETH valued at $3.27 million at a price of $1,591 per ETH approximately 10 hours ago. The whale also proceeded to short Ethereum with 10x leverage on the HyperLiquid platform. This significant trading activity could indicate a bearish outlook on Ethereum's price in the short term. Traders should monitor ETH's price movements closely for potential volatility.