but market saying it will break 5200 so how could this whale risk so much money?

$ETH , Even with this adjustment, the whale is still sitting on a painful $14M+ unrealized loss 💦💦 and is down around $26M overall on the trade. With ETH pushing higher, it’s a tough spot, either the market cools off soon, or this position risks getting completely wiped.
Whale 0x8c5865689EABe45645fa034e53d0c9995DCcb9c9 is fighting to keep their massive #ETH short alive. To avoid liquidation, they just deposited another $4M in USDC, which pushed their liquidation level higher to $5,148.49.