Whale shorts BTC, ETH, and XYZ100 with over $2.6M in floating profit

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A whale has opened large short positions on BTC, ETH, and XYZ100 with a total value of nearly $107 million. The BTC short is $64.21 million at 10x leverage with a $1.39 million floating profit, the ETH short is $27.53 million at 20x leverage with a $1.02 million take-profit strategy, and the XYZ100 short is $15.1 million at 20x leverage with a $220,000 profit. The address also holds small long positions in WTI and Brent crude oil, and short positions in MRVL, silver, and SMSN. Traders are monitoring key support and resistance levels for potential exit points.

Odaily Planet Daily reports, according to Hyperbot data, a large whale has taken substantial short positions on BTC, ETH, and XYZ100, with a total short value of nearly $107 million. Among them:

BTC 10x short position with a total value of $64.21 million, with unrealized profits of $1.39 million;

The total value of 20x long ETH positions is $27.53 million, with an unrealized profit of $1.02 million;

XYZ100 20x short position of $15.1 million, with an unrealized profit of $220,000.

In addition, this address holds small long positions in WTI and Brent crude oil, as well as short positions in MRVL, silver, and SMSN.

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