{"id":73093,"date":"2026-05-26T11:28:46","date_gmt":"2026-05-26T11:28:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/whale-dumps-100m-eth-short-pivots-to-13-4m-bitcoin-bet-at-20x-leverage\/"},"modified":"2026-05-26T11:28:46","modified_gmt":"2026-05-26T11:28:46","slug":"whale-dumps-100m-eth-short-pivots-to-13-4m-bitcoin-bet-at-20x-leverage","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/whale-dumps-100m-eth-short-pivots-to-13-4m-bitcoin-bet-at-20x-leverage\/","title":{"rendered":"Whale Dumps $100M ETH Short, Pivots to $13.4M Bitcoin Bet at 20x Leverage"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">A whale closed a $100M ETH short at a $260K loss on May 26, then opened a 20x BTC long.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The BTC long covers 175.04 BTC at $76,662, with a liquidation threshold near a 5% adverse price move.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Lookonchain data shows the reversal signals shifting conviction from ETH downside to BTC upside.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2 data-section-id=\"1kl30b5\" data-start=\"0\" data-end=\"62\">Trader Flips From <span>ETH<\/span> Short to Leveraged <span>Bitcoin<\/span> Long<\/h2>\n<p><span style=\"font-weight:400\">A pseudonymous high- <span>leverage<\/span> trader closed a short position on ether ( <span>ETH<\/span>) worth over $100 million on May 26, recording a $260,000 loss in the process. Within hours, the same wallet opened a 20x leveraged long position on 175.04 <span>bitcoin<\/span> ( <span>BTC<\/span>), a $13.43 million bet that the market moves higher. Ether is currently trading at $2,090.55 while <span>bitcoin<\/span> sits at $76,662.<\/span><\/p>\n<figure id=\"attachment_817224\" aria-describedby=\"caption-attachment-817224\" style=\"width:735px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-817224\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p> <span>Bitcoin.com<\/span> News had <a href=\"https:\/\/news.bitcoin.com\/eth-short-100m-23x-leverage-hyperliquid-may-2026\/\">reported on the trader\u2019s moves<\/a> yesterday, with the latest reversal being notable for both its size and its implication as the <span>whale<\/span> appears to have concluded that ether\u2019s downside case is exhausted and that <span>bitcoin<\/span> offers a better vehicle for near-term profits.<\/p>\n<p>At 20x <span>leverage<\/span>, the position faces <span>liquidation<\/span> if <span>bitcoin<\/span> moves roughly 5% against the trade, making this an extremely high-conviction, high-risk bet. A $260,000 loss on a $100 million position represents just a 0.26% drawdown, suggesting the short was closed near its entry price rather than at a significant adverse move.<\/p>\n<h2><span style=\"font-weight:400\">Onchain <span>Whale<\/span> Activity Highlights High-Risk Market Positioning<\/span><\/h2>\n<p><span style=\"font-weight:400\">The trade arrives against a backdrop of broader repositioning in the <span>crypto<\/span> market with <span>bitcoin ETFs<\/span> <\/span><a href=\"https:\/\/news.bitcoin.com\/bitcoin-etfs-lose-1-26b-as-xrp-and-hype-funds-attract-fresh-inflows\/\"><span style=\"font-weight:400\">recording $1.26 billion in outflows<\/span><\/a><span style=\"font-weight:400\"> during the week of May 18\u201322, 2026, while some alternative assets drew inflows. <\/span><\/p>\n<p><span style=\"font-weight:400\">Despite that institutional selling pressure, <span>bitcoin<\/span> has held above $76,000 as analysts remain broadly <span>bullish<\/span> on the asset\u2019s long-term trajectory. Strategy\u2019s Michael Saylor believes <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> could <a href=\"https:\/\/news.bitcoin.com\/bitcoin-2026-prediction-roundup-saylor-at-1m-hayes-at-125k-brandt-at-60k-low\/\">cross the $1 million mark<\/a> by year-end, while Maelstrom\u2019s Arthur Hayes expects the currency to reach $125,000 over the same time frame. <\/span><\/p>\n<p><span style=\"font-weight:400\">Whether the 20x <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> long proves prescient or ends in rapid <a href=\"http:\/\/www.bitcoin.com\/get-started\/understanding-liquidation-on-perp-dex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidation<\/a> will depend entirely on near-term price action. At just over $76,600, <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> is trading well below its 2026 highs, and a move of 5% or more in either direction would swiftly determine the trade\u2019s fate. <\/span><\/p>\n<p> <!-- --><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/whale-closes-100m-eth-short-opens-20x-bitcoin-long-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways A whale closed a $100M ETH short at a $260K loss on May 26, then opened a 20x BTC long. The BTC long covers 175.04 BTC at $76,662, with a liquidation threshold near a 5% adverse price move. Lookonchain data shows the reversal signals shifting conviction [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":73094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73093"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73093"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73094"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}