ChainCatcher report, according to Lookonchain monitoring, as the market rose, multiple short positions held by the whale @0x58bro were liquidated, involving ENA, LTC, BNB, BTC, ETH, and HYPE. Nevertheless, 0x58bro continued to short against the trend, depositing 7.81 million USDC into Hyperliquid to further increase short positions in BTC and ETH. Their overall position remains profitable, with total profits exceeding $32.8 million.
Whale's short positions closed amid market rally, with profits still exceeding $32.8M
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Summary
Whale activity intensified during the recent market rally as the @0x58bro address faced liquidations across multiple short positions in ENA, LTC, BNB, BTC, ETH, and HYPE. Despite these losses, the whale added 7.81 million USDC to Hyperliquid to increase short exposure on BTC and ETH. Total gains for the whale remain above $32.8 million.
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