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A certain Whale insisting on "shorting altcoins" has unrealized gains of 6.417 million USD, with total account profits exceeding 78.86 million USD.
On December 2nd, according to on-chain analyst Ai Yi (@ai_9684xtpa), a Whale that shorted 21 alts has now realized gains of $6.417 million. The Whale Address “0xa31…8aD1E” has consistently adhered to the “shorting alts” strategy since June of this year, with profits significantly increasing after the flash crash on October 11th, and the overall account profits have exceeded $78.86 million. Currently, only ENA among its 22 positions is a long order with unrealized losses, while the remaining 21 short order positions are all profitable.