A whale address shorting 16 altcoins has made an unrealized profit of $9.2 million
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale address known as the "short-selling leader" who is shorting 16 different altcoins has already made an unrealized profit of $9.2 million. The total value of their positions currently stands at $47.92 million. Among the 16 short positions, only HYPE is currently at a loss, while DOGE has generated an unrealized profit of $3 million.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
Crypto prices
MoreBitcoin
BTC
$82,706.34
-0.01%
Ethereum
ETH
$2,495.14
+0.36%
Tether USDt
USDT
$0.9991
-0.01%
BNB
BNB
$749.38
+1.45%
XRP
XRP
$1.4
+1.84%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$109.75
+0.03%
TRON
TRX
$0.3312
-0.29%
Hyperliquid
HYPE
$84.37
-0.66%
Zcash
ZEC
$1,229.14
+1.64%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now