Ethereum Whale’s $100M 25x Short Loss Sparks ETH Volatility
An Ethereum whale short position update: A single whale opened a $100 million, 25x leveraged short on 27,000 ETH at $3,637 per ETH, using 3.32 million USDC margin. As ETH rallied above $3,828, the Ethereum whale short flipped from a $12.25 million unrealized gain into a $2.32 million floating loss, highlighting the risks of high-leverage strategies.
This sharp reversal has amplified ETH volatility across derivatives platforms. Analysts warn that forced liquidations could further strain liquidity and trigger steeper price swings. Crypto traders should monitor this Ethereum whale short activity, track key support levels, and adjust risk management to anticipate potential corrections or rebounds in the ETH market.
Bullish
The significant reversal of this $100 million, 25x leveraged ETH short, which moved from a $12.25 million profit to a $2.32 million loss, indicates a strong upward shift in ETH prices. Forced liquidations of such large short positions can trigger short squeezes, driving prices higher in the near term. Although high leverage elevates volatility and risk, the current dynamic suggests bullish momentum for ETH as shorts cover. Traders should remain vigilant around key support levels but may view this event as a positive signal for ETH’s price trajectory.