A certain whale opened short positions of 17 million BTC and ETH before the drop, with unrealized profits reaching $630,000.

BlockBeatNews

2026-04-02 05:22:45

BTC-3,61%

ETH-4,64%

BlockBeats message, April 2, according to Hyperinsight monitoring, the whale starting with 0x610 deployed an empty order this morning, opening a 10x leveraged BTC short position at an average price of $68,309 and an ETH short position at an average price of $2,136 with 25x leverage; the two trades combined total $17.1 million.

As the market subsequently pulled back, the two short positions are already up by a combined $630,000 in unrealized profit, with an overall position return rate of 50%. As of the time of publication, the positions have not yet been closed to take profit.

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