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Michael Thornton
June 28, 2026 · 2 min read
Signals

Ethereum Whale Opens $19.7M Short Position Amid Potential Crash

Ethereum Whale Opens $19.7M Short Position Amid Potential Crash

Is History Repeating Itself?

A significant Ethereum investor, known for shorting the October 2025 crash, has taken a $19.7 million short position against Ether. This move comes as Ether's technical indicators suggest a possible decline to $1,375, which could substantially increase the whale's unrealized profits. The investor's actions are likely driven by a thorough analysis of market trends and technical signals.

The whale's decision to short Ether is reminiscent of their successful bet against the market in October 2025. At that time, the investor demonstrated a keen understanding of market dynamics, and their current move may be based on similar insights. The technical setup currently points to a potential downturn, with $1,375 as a possible target.

Can Ether Withstand the Bearish Pressure?

If Ether's price does indeed drop to $1,375, the whale's short position could yield significant returns. The investor's confidence in this outcome is evident in the size of their short position, which suggests a strong conviction in their market analysis. A decline to $1,375 would likely have broader implications for the cryptocurrency market.

Frequently Asked Questions

The potential drop in Ether's price could have far-reaching consequences, influencing not only the whale's profits but also the overall market sentiment. As the situation unfolds, investors will be closely watching the technical indicators and market trends to gauge the likelihood of a crash.

What triggered the whale's decision to short Ether? The investor's move was likely driven by Ether's technical setup, which points to a potential drop in price. What is the potential target price for Ether? The technical indicators suggest a possible decline to $1,375. What are the implications of a drop to $1,375? A decline to this level could significantly boost the whale's unrealized profits and impact the broader cryptocurrency market.

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Content written by Michael Thornton for ai-trading-guru.com editorial team, AI-assisted.

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