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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