🐂 **ETH Bulls Trim Positions – $302K Loss Booked**

On-chain data shows that two major ETH bulls who previously accumulated **105,000 $ETH** in long positions have reduced their exposure by **3,000 $ETH** in the past 5 hours.

📉 Realized loss: **~$302,000**

📊 Current status:

• Remaining position: **102,000 $ETH**

• Total value: **~$202M**

• Floating loss: **~$6.23M**

This move suggests large players are slightly de-risking amid short-term volatility. However, holding over **100K ETH long** still signals strong conviction in Ethereum’s mid-to-long term outlook.

Will this be a temporary shakeout or the start of further position reductions? 👀

#ETH #DeFi #CryptoNews #OnChain #Ethereum

ETH

1,907.73

-1.46%