Ethereum

bullish

Altcoin

Hyperliquid

<ul>
 <li>ETH price hits $4,700 before facing a big short</li>
 <li>Whale opens $51M ETH short on Hyperliquid</li>
 <li>Liquidation set at $5,086.9, using 20x leverage</li>
</ul>
Ethereum (ETH) just surged past the $4,700 mark, sparking excitement in the crypto market. But while retail investors may see this as a bullish sign, one crypto whale seems to think otherwise. Wallet 0x0911 made a bold move by depositing $5.1 million in USDC into the perpetual trading platform Hyperliquid, setting up a massive short position on ETH.
<a href="https://buy.magacoinfinance.com/coincnewsdisplay" target="_blank" rel="noopener noreferrer nofollow"> <img src="https://coinomedia.com/wp-content/uploads/2025/07/magacoin-banner-up.png" alt="magacoinfinance"> </a>
This whale is not just dipping a toe — they’re diving in with 20x leverage, translating their capital into a $51 million short position on Ethereum. This means they’ve borrowed heavily to bet that ETH’s price will drop, a strategy that can bring huge profits — or massive losses.
<h2 class="wp-block-heading" id="strong-high-stakes-with-a-5-086-9-liquidation-price-strong">High Stakes with a $5,086.9 Liquidation Price</h2>
The short position taken amounts to 10,796 ETH, and the whale’s liquidation price is $5,086.9. If ETH climbs past that level, the position will be forcefully closed, potentially resulting in a full loss of the $5.1M margin. With current market volatility and Ethereum’s momentum, the risk is high — but so is the potential reward if the price reverses.
This move has sparked conversation in the crypto community. Is this a smart hedge or an overly aggressive bet against ETH’s strength?
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet">
 ETH just broke $4,700! Whale 0x0911 deposited 5.1M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$USDC</a> into Hyperliquid to short <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> with 20x leverage. Position: 10,796 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>($51M) Liquidation price: $5,086.9<a href="https://t.co/K8JbRwiRDk" rel="noopener noreferrer nofollow">https://t.co/K8JbRwiRDk</a> <a href="https://t.co/s6mh4Cql4q" rel="noopener noreferrer nofollow">pic.twitter.com/s6mh4Cql4q</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1966674496498303459?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 13, 2025</a>
 </blockquote>
 </div>
</figure>
<h2 class="wp-block-heading" id="strong-market-eyes-on-whale-activity-strong">Market Eyes on Whale Activity</h2>
Large positions like these often signal shifts in sentiment among high-net-worth traders and institutions. While ETH remains bullish for now, whale trades can influence market direction, especially if they align with broader trends.
Traders should keep an eye on this level — $5,086.9. If ETH nears it, short liquidations could trigger further upside. On the other hand, if ETH begins to drop, this whale’s bet could pay off massively.
<h4 class="wp-block-heading">Read also:</h4>
<ul>
 <li><a href="https://coinomedia.com/bnb-market-cap-ath/" rel="noopener noreferrer nofollow">BNB Market Cap Hits Record $131B All-Time High</a></li>
 <li><a href="https://coinomedia.com/crypto-market-cap-surge-3/" rel="noopener noreferrer nofollow">Crypto Market Cap Soars by $280B in Just 7 Days</a></li>
 <li><a href="https://coinomedia.com/bitcoin-short-liquidations/" rel="noopener noreferrer nofollow">$2.4B in Shorts at Risk if Bitcoin Hits $120K</a></li>
 <li><a href="https://coinomedia.com/galaxy-digital-sol-purchase/" rel="noopener noreferrer nofollow">Galaxy Digital Buys $1.16B in SOL, Moves Most to Coinbase</a></li>
 <li><a href="https://coinomedia.com/altcoin-golden-setup/" rel="noopener noreferrer nofollow">Altcoin Golden Setup Signals Massive Breakout Ahead</a></li>
</ul>
The post <a rel="noopener noreferrer nofollow" href="https://coinomedia.com/eth-short-position-2/">Whale Opens $51M ETH Short After Price Hits $4.7K</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinomedia.com">CoinoMedia</a>.

Whale Opens $51M ETH Short After Price Hits $4.7K

Table of Contents

CoinoMedia

Other articles published on Sep 13, 2025

Join our free newsletter for daily crypto updates!