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
$80,666.37
-1.38%
Ethereum
ETH
$2,374.19
-1.33%
Tether USDt
USDT
$0.9987
+0.02%
BNB
BNB
$737.91
-0.67%
XRP
XRP
$1.29
-3.04%
USDC
USDC
$0.9998
-0.00%
Solana
SOL
$101.97
-2.46%
TRON
TRX
$0.3296
+0.04%
Zcash
ZEC
$1,170.41
-4.84%
Hyperliquid
HYPE
$76.69
-2.09%
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