A prominent Ethereum trader, known for a 75% success rate, has reopened a significant short position after facing partial liquidation. The trader transferred 4.87 million USDC to bolster margin and reestablished a short position of 35,000 ETH, valued at approximately $127 million. The average entry price for this position is $3,641, with a liquidation price set at $3,805. Currently, Ethereum's price hovers near the entry level.