According to the latest report from COINOTAG on May 13, the cryptocurrency market has seen significant movements. Since May 9, whale trader 0x5b5d has utilized $50.5 million USDC and 5x leverage to establish over $228 million in short positions on major cryptocurrencies like BTC, ETH, and SOL. This position has generated approximately $6.38 million in unrealized profits. Meanwhile, another notable entity, whale 0xB83D, has utilized $33 million USDC and 3x leverage to short a total of $92.1 million in BTC, ETH, and SOL, currently with unrealized profits of $220,000. These trends highlight the constantly changing dynamics within the cryptocurrency market and underscore the strategies employed by major participants under volatile market conditions.
