A well-known crypto trader, famously referred to as the “Four Battle #ETH 75% Win Rate Whale”, is once again stirring the Ethereum market. According to a report by BlockBeats, this seasoned trader has opened a massive short position on 20,000 ETH, utilizing 20x leverage. The total value of this high-risk position is a staggering $75.76 million, with an entry price of $3,843 and a liquidation threshold at $3,999. As of now, the trade is sitting on an unrealized profit of $1.12 million.
🐋 This isn’t the whale’s first aggressive move. In June, they shorted 50,000 ETH—a position that briefly yielded an unrealized profit of $22.83 million. However, as Ethereum saw a sharp reversal in early July, the whale was forced to close the trade close to the entry point, ultimately taking a $710,000 loss. That marked one of their rare missteps in an otherwise disciplined trading pattern.
Now, with Ethereum hovering near major resistance levels and the broader market showing signs of indecision, this renewed short signals a possible shift in market sentiment—at least from the whale’s perspective. The liquidation price of $3,999 suggests that this position is a tight, high-conviction play banking on a short-term pullback or increased volatility.
💬 What This Means for the Market
This move could have several implications:
📉 Bearish Signal: Such a large short could indicate that the whale expects ETH to face strong resistance or correction in the near term.
🕵️♂️ Strategic Hedge: It may also be a protective hedge against long exposure elsewhere in the whale’s portfolio.
💣 High Risk, High Reward: With 20x leverage, even minor ETH price movements can lead to substantial gains—or losses.
📊 The whale’s previous win rate of 75% shows tactical precision, but markets have become more unpredictable.