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by: xpoolPosted on: May 20, 2025

Massive Ethereum Short Bet Sparks Market Buzz

A prominent cryptocurrency whale has taken a high-risk stance, depositing $3.876 million in USDC to open a short position on Ethereum with 25x leverage. This move at the price of $2,568.12 per ETH could result in substantial gains or devastating losses depending on price movement. Experts are closely watching this whale’s action as it signifies potential market volatility.

Related posts:

  1. Ethereum’s Future Uncertain: Is It Heading for a Correction or a Rally?
  2. Ethereum Exchange Supply Hits Record Low, Driving Price Surge to $2,550
  3. Eightcap Partners with CoinDesk Indices to Launch Regulated Crypto Derivatives
  4. Ethereum Whale Accumulation Soars Past $1.25 Billion Amidst Tightening Supply Dynamics
Crypto Markets Ethereum Short Bet

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