The giant whale shorted 58 coins! Made a huge profit of 20 million in one wave, ETH became a "cash machine"!
Since June 16, a big player on the chain has directly activated the "full map targeting" mode - shorting 58 coins at once!
This includes Bitcoin, Ethereum, and a host of altcoins, with a total position size reaching 78.55 million USD. As of now, he has already realized a profit of over 20.65 million, making him the "Soros of the crypto world".
Current performance overview:
🔵 ETH shorts are the most intense, earning 4.2 million USD, directly turning into a "cash machine";
🔴 The worst performer is HYPE, with an unrealized loss of 3.78 million, making it the "deadweight" among this wave of short sellers;
Overall win rate is astonishing - out of 58 positions, only 2 are in unrealized loss, the rest all harvested!
The signal conveyed by this operation is very clear:
Smart money has already laid out its plans in advance and is acting decisively and broadly. **Not only focused on mainstream coins, but even niche altcoins are not spared, indicating a very clear judgment on the short-term trend of the entire crypto market: continue to push down, continue to harvest.
It also means -
Retail investors are still waiting for a rebound, while the giant whale has already loaded its bullets and started firing.
Do you think they are anticipating a downward trend in advance, or are they "guiding" the market sentiment?
Will this wave of bearish storm be the starting point for the next panic? Feel free to fire in the comments section!