💸 Smart Money, Big Trouble: $12.48M in Unrealized Losses on Altcoin Shorts
According to Foresight News, a well-tracked smart money wallet (flagged by @ai_9684xtpa) is staring down $12.48 million in unrealized losses after aggressively shorting a basket of altcoins.
🔍 The address initially deployed $2.82M in capital, using past gains — around 14.81M USDT in earnings — to fuel its bearish bets.
But the market had other plans.
As altcoins ripped higher over the past week, those leveraged shorts plunged into deep red, flipping what looked like a calculated hedge into a costly misstep.
📉 Smart money isn’t always right — especially in an irrational rally.
#Altcoins #CryptoMarket #SmartMoney #ShortSqueeze #CryptoNews #forward $BNB
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