High-Profile Crypto Traders Establish Diverging Multi-Million-Dollar Leveraged Ether Positions

Large cryptocurrency traders are taking opposing leveraged bets on Ether, with one expanding a short position to 30,000 ETH while another opened a $45.3 million long. A trader with $21.78 million in 2026 gains expanded a 20x leveraged short to 30,000 ETH worth $66.87 million, posting over $1.587 million in unrealized profit at an average entry price of $2,283.23. The short build follows an initial 13,000 ETH short opened after closing long positions on Oct. 30. Separately, a trader with 10 consecutive profitable trades opened a 25x leveraged long of 20,277 ETH on Nov. 6.