🚨 Whale Alert: Massive $57.5M Short Positions Across 16 Altcoins! 🐋💥
According to latest on-chain data, a crypto whale (address starting with “0xa31”) has shorted 16 altcoins via the Hyperliquid platform since June 12 — building a giant short position worth $57.5 million!
Here’s the breakdown: 🔻 14 out of 16 short positions are in profit, generating an unrealized profit of $3.56 million so far.
💰 Top Profitable Shorts:
DOGE: +$2.49M Profit
XRP: +$1.41M Profit
😬 Biggest Loss:
HYPE Token: -$3.19M
📊 Funding Fee Income in last 3 days: $2.275M — yes, they’re also earning huge just by holding these shorts!
📝 Altcoins shorted: BTC, HYPE, XRP, ETH, kPEPE, FARTCOIN, DOGE, LEFT, SUI, INIT, LAUNCHCOIN, PENGU, WLD, POPcat, LTC, MOODENG.
This whale move clearly signals strong bearish bets on the market, especially on DOGE and XRP — but the HYPE token short is bleeding heavily.
Is this a genius market move or a risky gamble? Only time will tell! ⏳
This is not financial advice. Always DYOR (Do Your Own Research).
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