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Recently, a爆出 on-chain data revealed a shocking piece of news— a top whale transferred 3 million USDT to an exchange, immediately opening a 25x short position on Ethereum, along with a 5x short attack on XMR, with a total position size reaching $61.9 million. This is not just playing around; it's a real-money bet.
What does such large capital action imply? Simply put, top players are betting on a short-term decline with huge chips. This kind of "open secret" shorting often triggers a chain reaction—retail investors follow suit in panic selling, liquidity dries up, and prices come under pressure. Market sentiment has already sounded the alarm from this moment on.
From a technical perspective, XMR's recent performance has indeed been less than ideal. On the 4-hour chart, support lines are being tested one by one, showing a "slide" trend overall. If this critical support level is broken again, a deeper correction may ensue in the short term.
So the question is: should you hold or withdraw your XMR? This decision depends on your own risk tolerance and position planning. But one thing is clear—when whales openly short, the market is no longer a gentle adjustment but a real test.