Whale Opens Massive 25x Short Position on Ethereum Worth $61 Million at $2780 Entry Price

According to recent data from EmberCN, a prominent whale known as the “Triple Cycle ETH 100% Win Rate Whale” has executed a significant transaction by transferring 5 million USDC into Hyperliquid. This strategic move occurred just 20 minutes prior to reporting. The investor has initiated a short position on 21,900 ETH with a substantial 25x leverage, reflecting a total position value exceeding $61 million. The entry price for this position is set at $2,780, while the liquidation threshold is positioned at $2,948. This activity underscores the ongoing volatility and leveraged trading strategies within the Ethereum market, highlighting the importance of risk management for market participants.