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The Ethereum Whale Who Called the October 2025 Crash Is Back — With a $19.7M Short Bet Against ETH

47d ago · 1 source

A prominent Ethereum whale, known for successfully shorting ETH ahead of the October 2025 crash, has opened a new $19.7 million short position against Ethereum. The move has drawn significant attention from the crypto community, as this trader's previous bearish bets proved highly profitable.

WHY IT MATTERS

Imagine a sports bettor who correctly predicted the outcome of a major championship — and now they're placing another big bet. That's essentially what's happening here. A 'whale' is someone who holds or trades very large amounts of cryptocurrency, and 'shorting' means betting that a price will go down. This whale previously made money by betting ETH would crash in October 2025, and now they're making a similar bet again. For everyday crypto holders, this matters because big bets like this can influence market sentiment and sometimes signal upcoming price movements. It doesn't guarantee ETH will drop, but it's a notable warning sign from someone with a strong track record.

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