Odaily Planet Daily reports, 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 the market, depositing 7.81 million USDC into Hyperliquid to further increase short positions in BTC and ETH. The whale remains overall profitable, with total profits exceeding $32.8 million.
Whale's short positions closed amid market rally, still realizing over $32.8M in profits from BTC and ETH shorts
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Summary
Whale activity has drawn attention as a major whale with address @0x58bro experienced multiple short positions being liquidated during the recent market rally, including in ENA, LTC, BNB, BTC, ETH, and HYPE. Despite these losses, whale activity remains clear, as the whale added 7.81 million USDC to Hyperliquid to increase BTC and ETH short positions. Total profits from these shorts still exceed $32.8 million.
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