A mysterious crypto whale has reportedly profited $78.56 million from a $1.1 billion short position within 17 hours. The whale, whose identity remains unknown, opened 10x leveraged short positions on Bitcoin and 12x on Ethereum, triggering a market downturn. One of the whale's addresses, 0x2ea...923f4, has closed its position, securing a profit of $72.31 million. This address previously made $34.93 million from a long position on Ethereum in August. Another address still holds 821.6 BTC, with an unrealized gain of $6.25 million.
Crypto Whale Nets $78.56 Million from $1.1 Billion Short Position
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