It looks like plenty of whales are still bearish on $ETH and short $ETH.

0x8c58 deposited 3.740M $USDC in the past hour and shorted 18,394 $ETH ($54.300M) with 15x leverage.

0x2258 deposited 3.250M $USDC 16 hours ago and shorted 16,219 $ETH ($48.000M) with 25x leverage.

0xec4b shorted 13,845 $ETH ($41.070M) with 15x leverage.

https://t.co/qRBNHazSqw
https://t.co/vstYRIkdSd
https://t.co/2OUY4X7u19