Ethereum whale who shorted October 2025 crash opens $19.7M ETH short position

Ether’s technical setup points to a potential drop to $1,375, a move that could lift one whale’s unrealized profit to $2.39 million.

An Ethereum whale who shorted Ether (ETH) during the October 2025 crypto crash has returned after eight months of silence.

Key takeaways:

On Friday, wallet '0xf83f...6728' opened a 20x-leveraged ETH short worth $19.72 million as Ether reached the $1,500 support zone after dropping 18.25% over the last two weeks.

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