Ethereum Whale Closes Short Positions with $20M Loss

The “Four-War ETH 75% Win Rate Whale,” a prominent trader, officially closed short positions on Ethereum on August 3, 2025, suffering a $20.73 million loss after liquidations.

This conclusion highlights market vulnerability to large trades, with Ethereum’s price stability shaken, emphasizing the influence of significant individual transactions within cryptocurrency markets.

Ethereum’s Price Movement and Future Regulatory Scrutiny

Ethereum (ETH) currently trades at $4,169.40, with a market cap of $503.28 billion and a 24-hour trading volume of $47.61 billion. In recent months, Ethereum has experienced notable price increases, with changes of 6.61% over 24 hours and 67.03% over 90 days, according to CoinMarketCap.

Following initial unrealized gains, their positions were liquidated due to Ethereum’s price increase, resulting in expenditures of $20.98 million and ending with a $20.73 million loss. The loss marked a notable shift in Ethereum derivatives markets, leading to increased volatility and open interest changes.

Market Reactions and Future Insights

Did you know? The rapid liquidation of high-volume Ethereum positions has historically triggered increased market volatility, as seen previously when Ethereum rebounded above significant resistance levels.

Market reactions were swift, highlighting Ethereum’s price volatility.

The Coincu research team indicates that such events highlight the challenges faced by heavily-leveraged traders in volatile markets.