Betting Against the Crowd… and the Market Gives Good Returns.
Three days ago, this wallet walked in with $3M in USDC and did the one thing nobody wanted to hear , he simply shorted. Today the screen looks very different. The account is sitting on about $147M in open positions, every single dollar aimed downward, and the curve has finally turned green. His $ETH short alone is carrying the story, roughly 31,000 ETH on 25x, opened around 3,269, now hovering near 3,196, floating more than $2.2M in unrealized profit with liquidation price just above 3,275. Nearly $4M in margin holds it together, and even funding is paying him for once.
But instead of easing up, he leaned in. A fresh $BTC short came in at 40x -- about 520 BTC, nearly $48M in size, entered around 92,640 and already ticking green. Liquidation price near 97K, with just over $1.2M backing the position. We thought this guy is watching the tape and saying, “No… lower,” and then putting real weight behind it. For now, the market is nodding.
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Betting Against the Crowd… and the Market Gives Good Returns.
Three days ago, this wallet walked in with $3M in USDC and did the one thing nobody wanted to hear , he simply shorted.
Today the screen looks very different. The account is sitting on about $147M in open positions, every single dollar aimed downward, and the curve has finally turned green.
His $ETH short alone is carrying the story, roughly 31,000 ETH on 25x, opened around 3,269, now hovering near 3,196, floating more than $2.2M in unrealized profit with liquidation price just above 3,275. Nearly $4M in margin holds it together, and even funding is paying him for once.
But instead of easing up, he leaned in. A fresh $BTC short came in at 40x -- about 520 BTC, nearly $48M in size, entered around 92,640 and already ticking green. Liquidation price near 97K, with just over $1.2M backing the position.
We thought this guy is watching the tape and saying, “No… lower,” and then putting real weight behind it. For now, the market is nodding.
Add: 0xD83516572789F1c782C8298eFce58a5600318Fd7