Ethereum whale who shorted October 2025 crash opens $19.7M ETH short position

An Ethereum whale, known for successfully predicting a market downturn in October 2025, has made headlines again by opening a substantial short position worth $19.7 million in ETH. This move comes as the cryptocurrency market faces heightened volatility and uncertainty, prompting traders to adopt more defensive strategies. The whale's previous short position gained significant attention, raising questions about the potential for future market declines. As Ethereum continues to navigate fluctuating prices, this bold bet by a prominent investor underscores the ongoing challenges and risks in the crypto landscape.