Ethereum whale who shorted October 2025 crash opens $19.7M ETH short position
CoinTelegraph·
60-second summary
A prominent Ethereum whale has opened a $19.7 million short position on the cryptocurrency, anticipating a potential drop to $1,375. This move could significantly boost the whale's unrealized profit to $2.39 million. Ethereum's technical setup suggests a possible decline, with the whale's bet potentially being a major factor in the market's trajectory, influencing investor sentiment and price action.
Ether’s technical setup points to a potential drop to $1,375, a move that could lift one whale’s unrealized profit to $2.39 million.