$ETH Alert!
A crypto whale has just opened a massive short position on Ethereum — already racking up a $15M unrealized profit!
This is one of the largest and riskiest leveraged trades we’ve seen on $ETH — and it could either become a legendary win or a brutal lesson in over-leverage.
Trade Breakdown:
Position Size: 38,810 ETH (valued at $71.65M)
Leverage: 25x — high stakes, high risk
Entry Price: $ETH 2,241.39 per ETH
Current Unrealized Profit: $15.37M
Liquidation Price: $2,446.90 (just a 9.1% move up!)
Margin Posted: $2.87M
What This Means:
The whale is heavily betting on a drop in ETH's price
A deeper decline could earn them tens of millions more
But a move to $2,447 wipes out the position — a potential $16.26M loss
Market Mood:
Tensions are high. Is this trader acting on deep insights or taking a wild gamble?
Smaller players are watching closely — follow or flee?