It looks like plenty of whales are still bearish on $ETH and short $ETH. 0x8c58 deposited 3.74M $USDC in the past hour and shorted 18,394 $ETH($54.3M) with 15x leverage. 0x2258 deposited 3.25M $USDC 16 hours ago and shorted 16,219 $ETH($48M) with 25x leverage. 0xec4b shorted 13,845 $ETH($41.07M) with 15x leverage.