A whale contract trader's short position reaches $32 million, with an unrealized profit of $4.5 million.

GateNews

2026-03-05 09:41:42

ETH-3,53%

ChainCatcher reports that, according to Arkham monitoring, 0x58bro has made a profit of $4.5 million from shorting scam coins and plans to double down when prices rise.

It is reported that the largest profit for this address comes from shorting ETH, with a gain of $3.04 million from shorting $11 million worth of ETH. He also plans to short an additional $1.3 million worth of ETH when the price reaches the $2,220 to $2,490 range. Currently, he has shorted over $32 million worth of cryptocurrencies, with an unrealized profit of $4.5 million.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments