Crypto Whale Uses $62.4M USDC 5x Leverage to Short BTC, ETH, SOL; ETH Price Tops $2,700 Amid Fluctuating Profits

7 posts • GPT (4.1 mini)

Published May 14, 2025, 04:01 AM

A cryptocurrency whale has been actively trading with large leveraged positions on Hyperliquid, focusing on shorting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with 5x leverage. The whale initially deposited $25 million USDC to short these assets but experienced losses exceeding $700,000. Over time, the whale increased deposits to a total of $62.4 million USDC to expand short positions, resulting in fluctuating profits and losses. At one point, the whale turned a $21 million loss on Ethereum into a $21.7 million profit by accumulating and withdrawing over 50,000 ETH valued at $104.5 million from Gate.io.

However, recent market movements pushed the whale's $3.5 million profit into a $7.6 million loss, prompting further deposits to increase short exposure. Another whale has used $40.5 million USDC as margin to short BTC, ETH, and SOL with 5x leverage, holding positions valued at $228 million and currently showing an unrealized profit of $6.38 million. Additionally, a whale who bought 4,677.6 ETH at $1,454.6 each in early April sold them at $2,459 for a $4.71 million gain. The market price of ETH recently broke above $2,700. Some whales have also shifted holdings between ETH and other assets, including converting 2,000 ETH into wrapped Bitcoin (WBTC) worth $5.4 million at an average price of $2,709 per ETH. Overall, these large traders are actively managing leveraged positions on BTC, ETH, and SOL amid volatile market conditions.

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#Hyperliquid #Bitcoin #BTC #Ethereum #ETH #Solana #SOL

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Sources

hypurrscan.io(4)intel.arkm.com debank.com

Mario Nawfal’s Roundtable

@RoundtableSpace

WHALE WATCH: A WHALE WHO HAD SHORTED $BTC, $ETH, AND $SOL WITH 5X LEVERAGE SAW HIS $3.5M PROFIT FLIP TO A $7.6M LOSS. HE DEPOSITED ANOTHER 11.9M $USDC INTO #HYPERLIQUID (TOTAL DEPOSITS: 62.4M $USDC) TO INCREASE HIS SHORT POSITIONS. Source: @lookonchain https://t.co/TjIoWagBT9 https://t.co/UQqplKSe4V

Ai 姨

@ai_9684xtpa

Giant whale 0xF92... CD1F9 is suspected to have exchanged 2000 ETH for 51.821 WBTC an hour ago, worth $5.4 million, and the ETH exchange point is $2709 👀 Since May, he has sold a total of 15,470 ETH, with a total value of 37.69 million US dollars, and an average deposit price of $2,436 wallet address https://t.co/6lm73qlgs9 This article is sponsored by #Gateio | @Gateio_zh https://t.co/O8QD0AsZh6

Lookonchain

@lookonchain

ETH just broke above $2,700! A whale who had shorted $BTC, $ETH, and $SOL with 5x leverage saw his $3.5M profit flip to a $7.6M loss. He deposited another 11.9M $USDC into #Hyperliquid(total deposits: 62.4M $USDC) to increase his short positions. https://t.co/BF4MMmeG7E https://t.co/ZEnpIZc4Be