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Legendary Whale Closed Bitcoin Short with Profit: Buying Ethereum! - Coin Bulletin
A few days ago, an anonymous whale who opened a 40x leveraged Bitcoin (BTC) short position made a profit of $4.06 million in just 3 days.
One of the most prominent whales in the crypto world, with its recent transactions, is on the agenda of investors. By depositing 17.82 million USDC on the Hyperliquid platform, the whale, who opened a short position with 40x leverage on Bitcoin, closed all positions in just three days and made a profit of 4.06 million dollars. Then, the whale withdrew the 21.88 million USDC it earned into its wallet.
After closing the position, the whale who spent 6.11 million dollars to buy Ethereum (ETH) also diversified his investment by buying 3.28 million dollars worth of PAX Gold (PAXG).
This whale has been making a name for itself lately with its leveraged trades, generating significant profits. Previously drawing attention with positions opened on Ethereum (ETH) and HYPE tokens on the Hyperliquid platform, the whale continues to successfully implement its investment strategies.