#Whale PnL Turns Green as Heavy Shorts Lead the Move

One whale is running a massive book right now, with more than $58.9M in perp positions. Almost the entire exposure is on the short side, and the move has paid off. The whale is up over $5.3M in unrealized profit this week, with total weekly PnL touching $14M.

Most of the gains are coming from the big short positions in $ZEC , $ETH , $HYPE , and $SNX, while only a few small longs are open. The setup shows a clear bias — this wallet is leaning heavily into the downside and has been scaling into shorts across the board.

Market is volatile, and whales like this are using every pullback to press their edge. The question is simple — how long can this short-heavy strategy keep riding the momentum?