Crypto Whale Faces $19.6M Loss on BTC, ETH Shorts

As the crypto market charges higher, whale pension-usdt.eth stares down a brutal $19.6 million floating loss on his 3x short positions in BTC and ETH, with overall profits cratering from over $32 million to just $10.66 million. This reversal underscores the savage volatility in the crypto market surge, where BTC price prediction models failed to anticipate the relentless upward grind over the past six months, reminiscent of the 2025 Q4 rally that liquidated shorts en masse. Traders eyeing ETH short positions should note how this whale's bet against the tide mirrors broader institutional missteps amid rising hype around assets like BTC and emerging plays in decentralized finance.

Zooming into the ETH 4-hour chart, price action at $2412.13 tests the upper Bollinger Band resistance right at $2411.8, signaling potential volatility exhaustion in this bullish grind backed by a golden cross on the MACD at 19.85. With the EMA50 holding firm as support at $2335.18 and the EMA200 further down at $2266.47 reinforcing the longer-term uptrend, momentum sits neutral on the RSI at 66.48—poised for a quick dip toward that lower Bollinger support of $2305.51 if buyers pause, setting up a classic confluence for institutional entries on any retrace before the next leg higher.