An anonymous cryptocurrency whale, known for profitable trades against James Wynn, has realized a substantial profit of ₩20.8 billion (approximately $15 million USD). This information was reported by Lookonchain, a blockchain analytics platform. Following this significant gain, the whale has strategically opened a new short position on Ethereum (ETH) with an impressive leverage of 18x. The position size encompasses a substantial 20,474 ETH, valued at around $62.5 million. This move indicates a bearish sentiment from the whale regarding the short-term price movement of ETH. The whale's history of successful trading decisions suggests that this latest move should be closely watched by market participants. The high leverage employed amplifies both potential profits and losses, making it a high-risk, high-reward play. The market will be observing if ETH price decline will follow. ```
