Leverage 25x Short on 12.6k ETH! Is this whale crazy, or does he already have the script in hand?

The biggest horror story in the crypto world recently isn’t BTC dropping.
It’s a whale called Evaded, directly shorting 12.6k ETH with 25x leverage.
Attention.
This isn’t “testing the waters.”
It’s like bringing a bomb into the casino.
The market instantly explodes.
Many people’s first reaction is:
“Super short seller is here.”
But seasoned players will only think of one thing after seeing this:
— Such a high-profile short isn’t usually purely bearish.
What does 25x leverage mean?
As long as ETH gently bounces, the position could be wiped out instantly.
This isn’t typical investing.
It’s more like playing Russian roulette in real life.
But here’s the question.
Why does he dare?
There’s a classic rule in crypto:
Real whales rarely open massive orders without reason.
So the market starts wildly speculating:
Is he aware of some negative news?
Did he get an early tip?
Is the Middle East situation about to blow up?
As a result, the ETH community instantly enters “detective mode.”
The funniest part is:
Many retail traders criticize the whale while secretly copying his trades.
Because humans always feel involved when losing money.
But honestly.
The market is indeed dangerous right now.
BTC is starting to weaken;
The Federal Reserve is hawkish;
The Middle East situation is unstable again.
Assets like ETH with high volatility are easily turned into short sellers’ cash machines.
But what’s even more exciting is:
What if ETH doesn’t fall, but instead rises?
Then that 25x short could turn into “super fuel.”
Once liquidated, short covering could push the market to surge violently.
So, the market has now entered the most classic phase:
Everyone’s bearish;
But no one dares to go all in.
Because the scariest thing in crypto has never been a drop.
It’s “suddenly reversing.”
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