According to Ai 姨 (@ai_9684xtpa), a major ETH trader liquidated 10,543 ETH at an average price of $2,473.61 within the past hour, totaling $26.08 million. The trader's average long entry was $2,608.36, resulting in a realized loss of $1.42 million for this round. This substantial sell-off, confirmed by blockchain transaction data, highlights increased volatility and potential bearish sentiment in the Ethereum market, which could trigger further liquidations and intensify short-term downward pressure on ETH prices. Traders should monitor on-chain whale movements closely for future market direction. (Source: Twitter @ai_9684xtpa, May 17, 2025)

According to @AltcoinGordon on Twitter, a prominent crypto whale lost nearly $5 million within hours after attempting to short Ethereum (ETH), underscoring the risks of aggressive short positions in volatile markets. This incident highlights the importance of risk management for traders and signals renewed bullish momentum for ETH, potentially influencing both spot and derivatives markets. The rapid liquidation event has increased trading volume and may trigger further price volatility as liquidations cascade through the market (source: @AltcoinGordon, May 9, 2025).