A prominent crypto whale, identified as "0xFa5," has shifted to a short position on Ethereum, depositing $15.66 million USDC into Hyperliquid. This move follows a $3.56 million loss on a previous long position earlier today. The whale's current short position involves 28,679 ETH, valued at approximately $70.1 million, with an entry price of $2,443.92 and a liquidation point at $2,930.62. The position currently shows an unrealized loss of $17,900. Despite an all-time trading loss of $782,000, the whale's strategic shift to shorting ETH with 10x leverage indicates a significant bet on a price decline. The crypto community is closely monitoring this development to see if the whale can recover from recent setbacks.