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#以太坊价格走势分析# When analyzing the recent price movement of Ethereum, an interesting on-chain signal has been noted. A well-known whale investor is currently facing significant risks, with their 15x margin trading short order having unrealized losses exceeding $9 million, and the liquidation price is only $4,016 away. This movement is worth following, as it may indicate a shift in market sentiment towards bullish. It is recommended to closely monitor the subsequent actions of large funds, especially whether there will be a Close Position or increase the position. At the same time, be cautious of the potential impact of such extreme margin trading on the market, which could trigger severe fluctuations. Further tracking of fund flows and contract data will continue to provide more clues for trend assessment.