According to a report from Crypto Rover, a Satoshi-era Bitcoin whale has opened a $329 million short position in Ethereum (ETH). The move surprised many traders and raised questions about what it means for the market. This investor is believed to be one of the early holders of Bitcoin, often referred to as “.Whale in the Satoshi era” Their trades usually attract attention because they hold large amounts of cryptocurrencies and often make bold moves in the market.
💥Breaking news:
A Bitcoin whale from the SATOSHI era has opened a $329 million ETH short! pic.twitter.com/Z9v6g2c3uO
— Crypto Rover (@rovercrc) October 10, 2025
What does it mean to short Ethereum?
to “short” Ethereum means betting that the price will go down. Traders make profits by borrowing ETH, selling it at the current price, and buying it back later at a lower price.
Conversely, if the price increases, you will incur a loss. Therefore, this whale is taking a big risk by betting on Ethereum, especially with such a large position.
Why this move matters
This short is worth $329 million, making it one of the largest single bets on ETH in recent months. Such movements can affect market sentiment.
When large traders take action, smaller investors usually follow suit. Some may see this as a sign that Ethereum’s price may fall soon. Others believe it can cause ‘short aperture. ” This is when the price rises rapidly and short sellers are forced to buy back quickly, causing the price to rise further.
market reaction
Online crypto traders have mixed feelings about this. Some say this may be a wise move, especially if Ethereum continues to be under selling pressure. Some believe the whales may have made the wrong decision and could end up facing huge losses.
Ethereum’s price has been moving within a narrow range recently, affected by uncertainty surrounding the global economic situation and regulations. This new short could potentially lead to more volatility, especially if more large companies participate.
Patterns observed among large investors
This is not the first time whales have moved positions between Bitcoin and Ethereum. In the past few weeks, many large accounts opened short positions in ETH and simultaneously closed long positions.
Analysts believe these changes indicate major investors are bracing for possible market volatility. Some may move funds to take advantage of lower prices later on.
Focus on Ethereum
Traders will be keeping a close eye on Ethereum’s price in the coming days. If it starts to fall, this whale could make a lot of money. However, if it goes up, the short will be forced to close, potentially resulting in large losses.
A chain reaction may also occur. Large short positions can cause sudden market fluctuations upon liquidation. This could make the ETH market even more unpredictable in the short term.
ETH is a high-stakes gamble
Whale’s $329 million ETH short during the Satoshi era shows how powerful early crypto holders still are in the market. It also highlights how quickly sentiment can change in the crypto world.
Whether this bet turns out to be a win or a loss, it’s another reminder that cryptocurrencies are still risky and fast-moving. Investors are now waiting to see whether the whale’s bold move will shake up the market or backfire.
