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.

ETH0,76%
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BloodInStreetsvip
· 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
AmateurDAOWatchervip
· 12-27 14:55
Fifty-eight million short? This guy made a killing, twenty-five million in ten weeks. I'm still just staring at the K-line chart and dithering.
View OriginalReply0
GasFeeTherapistvip
· 12-27 14:54
Selling so aggressively... This guy made 25 million in ten weeks... I'm still looking at the K-line.
View OriginalReply0
FlatTaxvip
· 12-27 14:53
This whale is really ruthless, making 25 million in 10 weeks and still going short. Is this the rhythm to crash the market?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt