A certain whale's short position reaches $32 million, with an unrealized profit of $4.5 million.
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According to Arkham monitoring, address 0x58bro has made a profit of $4.5 million by shorting altcoin positions and plans to double down when prices rise. The largest profit comes from shorting ETH worth $11 millions, with a gain of $3.04 million, and the address plans to short another $1.3 million worth of ETH when the ETH price reaches the $2,220 to $2,490 range. Currently, the address has an unrealized profit of $4.5 million from shorting cryptocurrencies worth over $32 millions.
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