🚨 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!
Stop Loss: $0.788 (Strong support ke neeche) Risk to Reward Ratio: 1:2+
Trade Logic: ONDO currently showing bullish momentum with strong consolidation near $0.83. If it holds this level, we can expect a breakout towards $1 psychological level. Each target is based on minor resistance zones. Maintain proper risk management.
$ONDO
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🔹 Risk Management: Always use proper position sizing based on your risk appetite. 🔹 Strategy Note: Entry taken based on key support holding and potential breakout zones ahead.
🧠 Trade smart, not emotional. $BTC
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