$ETH Breaks $2,700 – Whale Turns $3.5M Profit Into $7M Loss But Doubles Down

As Ethereum surges past $2,700, one high-stakes whale is refusing to blink.

This trader had shorted $BTC, $ETH, and $SOL with 5x leverage—and what was once a $3.5 million profit has now flipped into a $7 million unrealized loss.

But instead of cutting losses, the whale just deposited another 11.9M USDC into Hyperliquid, bringing total deposits to $62.4M, to further increase short positions.

Will this bold move be a masterstroke—or a million-dollar mistake?

Wallet address:

0x5b5d51203a0f9079f8aeb098a6523a13F298C060

This one’s on everyone’s radar now.