Ethereum Whale’s 50,000 ETH Short Position Yields $9.56M Floating Profit with 100% Win Rate

As of July 8, HyperInsight data reveals a prominent whale trader maintaining a short position of 50,000 ETH, currently yielding a floating profit of approximately $9.56 million. This trader, known for a consistent 100% win rate across three major ETH short trades, has yet to close this lucrative position. Notably, on June 11, the same whale held a 40,000 ETH short when Ethereum’s price dipped to $2,200, securing a floating gain exceeding $20 million, though the position remained open. Presently, the active short is leveraged at 10x with an entry price of $2,725 and a liquidation threshold set at $2,833. This strategic positioning underscores the whale’s confidence in a potential downward correction in ETH prices, reflecting sophisticated risk management within volatile crypto markets. Market participants should monitor these large-scale short positions as indicators of institutional sentiment in Ethereum trading.