PANews reported on May 13 that according to monitoring by on-chain analyst Yu Jin, the whale 0x5b5d, who had previously monitored a large position shorting BTC/ETH/SOL, has now turned his position from floating loss to floating profit. Since May 9, he has used a total of 50.5 million USDC to short BTC/ETH/SOL worth US$228 million with 5x leverage, and has currently made a floating profit of US$6.38 million.
A whale with a large position shorting BTC/ETH/SOL has currently made a floating profit of $6.38 million
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