On-chain monitoring has revealed that a well-known Ethereum whale has switched its trading strategy from long to short, placing a highly leveraged position against 20,000 ETH. The short position was reportedly opened around $2,921, with a liquidation level near $4,832.
Data suggests this whale frequently engages in short-term swing trades in major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), using relatively low leverage but high-value positions. Over the past month alone, this address is estimated to have generated profits of nearly $13.87 million, highlighting its aggressive yet calculated trading approach.
