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.

ETH0.61%
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BloodInStreetsvip
· 10h ago
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.
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AmateurDAOWatchervip
· 10h ago
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.
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GasFeeTherapistvip
· 10h ago
Selling so aggressively... This guy made 25 million in ten weeks... I'm still looking at the K-line.
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FlatTaxvip
· 10h ago
This whale is really ruthless, making 25 million in 10 weeks and still going short. Is this the rhythm to crash the market?
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