A cryptocurrency whale has significantly increased its short positions across multiple digital assets, totaling approximately $170 million, following the sale of 255 Bitcoin. According to Onchain Lens, the whale has taken 10x leveraged short positions in Bitcoin, 15x in Ethereum, and newly opened 20x shorts in Solana, alongside a small 10x leveraged long position in Sui. The positions include 959.36 Bitcoin ($87.68 million), 17,669.478 Ethereum ($55.48 million), 205,658 SOL ($27.53 million), and 8,491.7 Sui ($14,000). The whale is currently experiencing floating losses exceeding $1.5 million.
Whale Increases $170M in Crypto Short Positions After Selling 255 BTC
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