Crypto Whale’s Massive Short Positions Could Shake Bitcoin Market

A crypto whale's massive short positions could shake the Bitcoin market. For more information on this topic, please visit CDS.

Published by Begüm DİLBAZ

10 October 2025, 18:14 published Updated 10 October 2025, 18:14

Crypto Whale’s Massive Short Positions Signal Possible October Correction

Nearly $900 million has been opened in short bets on Bitcoin and Ether by a major cryptocurrency investor who came out two months ago holding over $11 billion in Bitcoin. Despite the general optimism for October, this move indicates predictions of a market drop. Cryptocurrency investors were intrigued by the whale’s $360 million Bitcoin move when it resumed trading on Thursday, according to Cointelegraph.

Whale’s Massive $600M Bitcoin Short Sparks Correction Speculation

The whale initiated an 8x leveraged short trade on Bitcoin worth $600 million on Friday. According to blockchain data company Onchain Lens, they also established a leveraged short position on Ether worth more than $300 million. The whale’s confidence in an impending correction is indicated by the massive short bets. However, if the price of Bitcoin is above $133,760, which is its liquidation threshold, this thesis will be deemed incorrect.

Additionally, with a liquidation price of $4,613, the whale initiated a $330 million 12-times leveraged short bet on Ether. Blockchain data released by Lookonchain on Friday indicated that at the time of writing, the position had an unrealized profit of $2.6 million. The whale‘s short bets might encourage more big investors to place similar wagers on the top cryptocurrencies’ price drops.

Bitcoin Faces Resistance as Dormant Whales Resume Selling Pressure

Willy Woo, an analyst and early Bitcoin adopter, claims that one of the primary factors restricting Bitcoin’s price action in August was the massive selling by previously inactive Bitcoin whales. He emphasized that the market at the time was greatly impacted by these whale movements. Significant resistance levels were established by these whale-driven sell-offs, which made it more difficult for Bitcoin to maintain its upward momentum. Analysts are keeping a careful eye on whale activity as the market adjusts in hopes of spotting the next significant price shift. Another phase of consolidation or a more severe downturn for Bitcoin may be indicated if dormant whales start selling again.