A giant whale makes an appearance! The longtime whale that previously executed an accurate short ahead of the 2025 plunge is back again, placing a $19.70 million, 20x leverage short order—$ETH !

Remember the crash back in October 2025? That legendary whale successfully timed the top and then flipped to short.
Now it’s making another move.
According to the latest on-chain data, the whale has once again entered with a heavily concentrated position.

This round of opening data:
Total contract value: ~20,002,566 USD
Leverage: full position, 20x
Opening average price: $1,567.1
Current mark price: $1,558.8
Unrealized profit: +$106,564, return rate 10.66%📈
Liquidation price: $2,150.5

It’s clear this seasoned trader remains bearish on Ethereum’s near-term outlook.

Will this 20x leverage bet replicate the whale’s previous flawless shorting performance, or will it get caught as longs rally and trigger liquidation?
$ETH
#ETH走势分析