A whale in the cryptocurrency market incurred losses of $1.88 million on ether shorts due to revenge trading. Despite a recent surge in the price of ETH, the resistance level at $2,100 is posing a challenge for its upward movement. While the market sentiment for ETH appears stable with a favorable balance between buying and selling pressure, traders are warned to remain cautious of potential risks. The sentiment of the content is negative towards the whale’s losses.
AI Sentiment: Negative