A major cryptocurrency whale made a significant move on the Ethereum market in the last few hours, initiating the closing of speculative shorts with a substantial final profit. According to Odaily, the wallet with the address 0xd47...1A91 exited positions and realized a potential gain of around $8.5 million. This operation indicates activity by large players amid the current ETH price at $2.05K. Closing a short position by such a whale is often seen by the market as an important signal — capital outflows from bearish bets may suggest a shift in large investors' sentiment regarding the future dynamics of the second-largest cryptocurrency. Such whale movements usually attract the attention of traders and analysts, as their actions often precede key market reversals.