COINOTAG News, citing HyperInsight on December 20, reports a prominent ETH whale executed a short position totaling 35,221 ETH with 15x leverage, representing about $105 million in notional exposure. The trade generated a floating profit of roughly $12.55 million on the single-coin bet, plus $3.14 million in funding fees. The trader entered at $3,332.52 per ETH and faces a liquidation threshold at $3,855.54, illustrating rigorous risk controls and margin considerations in Ethereum derivatives.
Such high-leverage whale activity highlights ongoing liquidity and interest in ETH futures within the broader crypto market. Market participants should monitor funding rate dynamics and key price levels around the liquidation price, which acts as a risk boundary for short-squeeze scenarios. The development adds to observable Ethereum price action metrics and reinforces the credibility of blockchain analytics tracking large-scale exposure.