The investor, known by the username qwatio in the cryptocurrency market, opened a new short position worth approximately $63.28 million worth of 18,000 Ethereum ($ETH) in the last hour.
Along with this move, he also reportedly increased his short positions on $XRP and Solana ($SOL).
The whale wallet has made an unrealized profit of $6.41 million so far from the short trades it opened since last night.
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Another striking detail is the symmetry in the number of short positions in the investor's portfolio:
- 1,111 $BTC
- 22,222 $ETH
- 3,330,000 $XRP
- 44,444 units of $SOL
The Bitcoin ($BTC) position was opened with 40x leverage and includes a short trade totaling 1,111.11 $BTC. The position is approximately $125.1 million in size, with unrealized profits currently exceeding $5.2 million. The entry price for this trade is $117,297.50, and the current market price is $112,546. The liquidation price is $120,777.55.
*This is not investment advice.