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🐋 Ethereum Whales Are Back — $ETH Eyes $5K? 💎
Since July, Ethereum has seen steady whale accumulation 🐳, with Binance orders showing strong demand just under $5,000. These big players usually confirm trends, not chase them — a sign of real conviction behind the recent rally.
📈 Longs vs Shorts on Binance: 57.06% Long / 42.94% Short → Long/Short Ratio 1.33
Traders are tilting bullish again after a brief dip earlier this month, signaling confidence — but sudden flips could trigger sharp corrections ⚠.
💹 Funding Rates: Positive at ~0.005% → traders are paying to stay long, showing optimism without overheating the market (moderate leverage for now).
📊 MVRV & S2F: MVRV Long/Short Diff at 31.49%, S2F at 19.77% → tight supply + healthy profitability, historically a setup for stronger rallies.
🔮 Takeaway: Whale support + bullish positioning + strong metrics = ETH might just push past $5,000, as long as demand from whales stays firm and leverage doesn’t spike.
#PI #BTC #ETH #GateioInto11 #GT