Ethereum Bear Who Made $500,000 Shorting ETH Now Bets $1 Million Against It
Posted On December 18, 2025
Crypto analyst Taiki Maeda has opened a $1 million short on Ethereum (CRYPTO: ETH), arguing its recent strength is driven by artificial, incentive-led buying rather than genuine demand.
What Happened: In his recent podcast, Maeda stated that he entered the ETH short near $3,133, claiming that the altcoin is being propped up by “Digital Asset Treasury” (DAT) buyers, not organic inflows.
He points to a specific entity, BitMine (NASDAQ:BMNR), allegedly purchasing roughly $300 million of ETH weekly, …
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