An Ethereum whale has opened a significant short position valued at $19.7 million, anticipating that Ether’s price could fall to $1,375 by October 2025, according to CoinTelegraph.
This strategic move could yield an unrealized profit of approximately $2.39 million if the price target is met. The sizable position highlights a bearish outlook from a major market participant amid ongoing volatility in the crypto space.
For Japanese investors, this development underscores the importance of closely monitoring large market moves that may influence Ethereum’s price trajectory, especially as regulatory and macroeconomic factors continue to impact digital assets in the region.