## Crypto Whale Gets Trapped in Short Position as Market Rebounds



Based on recent on-chain data analysis, a type of crypto whale is facing a critical moment amid an unexpected market recovery momentum. This large fund holder, who previously drew market attention with an aggressive sale of 255 Bitcoin, now finds themselves in a very different situation.

The whale is caught in a large sell exposure across four major assets simultaneously. Their short position portfolio includes Bitcoin, Ethereum (ETH) currently trading at $3.12K, Solana (SOL) at $141.33, and Sui (SUI) at $1.80. The total value of these positions amounts to approximately $225.8 million in notional exposure.

###Accumulated Losses

As the market rebounds progressively, the unrealized loss for this whale has exceeded $6 million. Dramatic changes are evident in their P&L statement, shifting from a profit of $7.7 million to a loss of $1.7 million. This transition reflects the structural risks inherent in high-leverage short-term strategies.

This dynamic demonstrates how cryptocurrency volatility can quickly change the fate even of large fund holders with a fairly well-known trading track record. The current market conditions serve as an important reminder of the importance of strict risk management when operating large positions.
BTC3.18%
ETH5.07%
SOL1.75%
SUI2.15%
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