ETH whale makes a frenzy profit of $1.7 million, short positions increase to $98.51 million

GasFeeLady · 2026-01-19T01:02:10+00:00

Recently, a major whale successfully profited $1.7 million from a short position on Ethereum and holds a short position of 30,639 ETH, indicating a clear market outlook and possibly signaling a short-term reversal in the market.

GasFeeLady

2026-01-19 01:02:10

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【ChainNews】Recently, there is a phenomenon worth noting in the recent market trend—a big whale profited from shorting with high leverage. The large investor who shorted Ethereum last Friday successfully took profits during the market flash crash between 7 and 8 am last Sunday, with unrealized gains already accumulating to $1.7 million. Even more astonishing, this guy was adding to his position half an hour ago, now holding a short position of 30,639 ETH, with a market value of approximately $98.51 million. According to on-chain data, his average opening short price is around $3,271, with a liquidation price set at $3,296. This operational rhythm and position size indicate that the big whale has a clear judgment on the subsequent market—not only not closing the position to take profits but continuing to add to the short bet on further decline. For ordinary traders, such whale movements often preempt short-term market turning points.

ETH-3,87%

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SelfStaking

· 19h ago

This whale is really bold. They haven't closed their position with 1.7 million USD, still adding more? I need to learn this kind of courage.

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governance_ghost

· 19h ago

This whale is really ruthless, adding short positions with $1.7 million. It seems they are confident that ETH will fall. I need to keep a close eye on it.

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EyeOfTheTokenStorm

· 19h ago

This whale must have some insider information, still adding to short positions? A position of 98.51 million, if it were to be pushed up in the opposite direction, would be liquidated immediately.

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HallucinationGrower

· 19h ago

This guy really has some guts. He hasn't closed his 1.7 million position and is still holding onto the short... I can't help but sweat for him.

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GateUser-a5fa8bd0

· 19h ago

1.7 million net profit is really outrageous. This guy's guts are too big, he's still adding more, doesn't he ever think about closing the position?

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HashRatePhilosopher

· 19h ago

This whale is really bold. After making 1.7 million from a flash crash, they still dare to keep adding more? You must be extremely bearish to play like this.

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