
Lookonchain states that the whale has shifted to sizable Bitcoin and Ethereum short positions, with the two trades together worth about $130.69 million and showing more than $2 million in unrealized profit on March 19.
According to Lookonchain, the crypto whale identified as "Set 10 Big Goals" increased short positions to 1,167 BTC and 22,540 ETH on March 19. The Bitcoin short was valued at about $81.88 million and the Ethereum short at about $48.81 million, for a combined notional value of roughly $130.69 million. Lookonchain said the positions were showing more than $2 million in unrealized profit. This update marks a notable change from the whale’s previously reported long exposure in Bitcoin, Ethereum and BNB.