Whale Reopens ETH Short Position with High Leverage

According to Foresight News, monitoring by Onchain Lens reveals that a whale, previously known for a 100% success rate, has reopened a short position on Ethereum (ETH) using 25x leverage. This move marks a significant shift as the whale no longer maintains its perfect track record. The decision to employ such high leverage indicates a strong conviction in the anticipated downward movement of ETH prices. The whale's trading activities are closely watched by market participants due to its historical success and potential impact on market dynamics.