Million Dollar Short Bets: Whale Scores Big on Solana, Bitcoin, and Ethereum

A sophisticated crypto trader has generated substantial profits from aggressive short positions across Solana (SOL), Bitcoin (BTC), and Ethereum (ETH). On-chain data reveals fast-paced trading activity driven by high-leverage strategies on decentralized finance (DeFi) protocols. 0x5b5d5120…F298C060, the whale’s wallet, utilizes a focus on perpetual contracts on Hyperliquid and HIP-2, with no funds allocated to traditional crypto asset classes like spot trading or staking.