Whale Leveraged Shorts Ethereum
The large short position taken by a whale reflects a bearish sentiment despite recent price recovery.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction. It's spreading across ETH & SOL — a theme crossing asset classes.
Still mostly niche and specialist coverage — not yet picked up broadly by mainstream press.
"A gambler whale '0xa6e' has opened a new 22,000 $ETH short position with 25x leverage, valued at $35M."
"A whale is extremely bearish on SOL. One hour ago, whale 0x9137 opened a 20x short on 554,680 SOL ($38.15M)."
"A major cryptocurrency trader, known as a whale, is facing big losses after making a huge bet against Ethereum (ETH-USD). The trader opened a short position worth over $100 million right before the token’s price started to climb back up."