2025-12-27 14:25:02

A major whale just initiated a $58.6M short position on ETH, marking a significant bet against Ethereum. What's striking is that this same trader has already captured nearly $25M in profits over the past 10 weeks. The scale of both the position size and the accumulated gains highlight how sophisticated large players are positioning themselves in the current market cycle.

ETH-0.96%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
6
Repost
Share

Comment

Add a comment

ChainMaskedRider

· 2025-12-30 08:23

Hmm... this guy has started shorting ETH again, with a order of 58.6 million. He made 25 million on the previous round. His technique is truly impressive.

View OriginalReply0

ChainChef

· 2025-12-28 22:07

ngl $58.6M short on eth sounds like someone's really testing if they can nail the perfect market timing recipe... and they're already up 25M? that's some seriously well-seasoned trading right there. either they know something simmering beneath the surface or they're about to get humbled by the market's unpredictable appetite. the audacity is *chef's kiss* tho

Reply0

BloodInStreets

· 2025-12-27 14:55

Here we go again, this big whale really knows how to pick the right time... 58.6 million short ETH, earning 25 million in 10 weeks. This is exactly what it means to cut losses until they bleed.

View OriginalReply0

AmateurDAOWatcher