Giant Whale Suffers Millions in Losses on This Altcoin After a Major Short Position

According to data from on-chain monitoring platform HyperInsight a crypto whale known as “Iron Head Air Force” and whose address starts with 0x880ac has been experiencing heavy losses in short positions opened in various cryptocurrencies for the past ￰0￱ whale's total losses in the last week alone have reached $10.41 ￰1￱ whale whose largest short position is in PUMP had an average opening price of $0.0033 and currently has an open loss of approximately $12.97 ￰2￱ address also holds a short position of $30.04 million in SOL and $12.58 million in BTC

and similarly maintains short positions in other major cryptocurrencies like LINK BCH and ￰3￱ News: Japan Bank Managing $1.9 Trillion Announces: “The Fed Is Cornered” - Here's What Will Happen Meanwhile the Ethena Foundation's additional buyback plan has pushed the price of ENA up over 13% in the last 24 ￰4￱ to on-chain data

the whale with the address 0x6b7…c5e9c the largest investor in ENA on Hyperliquid made a profit of $3.10 million by opening 5x long positions. *This is not investment ￰5￱ Reading: Giant Whale Suffers Millions in Losses on This Altcoin After a Major Short Position