Crypto Whale Secures $4.4M Profit, Reopens Larger 20x Shorts on Bitcoin and Ethereum

A whale wallet identified as “0xaeaa” has closed out earlier 20x leveraged short positions in Bitcoin, Ethereum, and Solana, securing an estimated $4.4 million profit after holding the trades for four days.

Building on those gains, the trader quickly re-entered the market with even larger bearish bets. The new positions include a 20x short on 912.9 BTC, valued at about $54.55 million, and another 20x short on 10,025 ETH valued at approximately $15.65 million.

Source: Lookonchain