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Whale Increases Leveraged Shorts to $169M Across BTC, ETH, and SOL
Source: CryptoNewsNet Original Title: Whale increases leveraged shorts to $169M across BTC, ETH, and SOL Original Link: https://cryptonews.net/news/defi/32203180/ A large crypto trader has ramped up bearish bets on Bitcoin, Ethereum, and Solana, expanding the total value of leveraged shorts to $169 million.
The current position includes:
These aggressive short positions come as crypto prices are already under pressure. Bitcoin fell to $87,000 on Monday evening, while Ethereum traded below $3,000 and Solana slipped under $123.
Bitcoin remains the largest decentralized crypto asset by market value, while Ethereum serves as the leading platform for smart contracts and decentralized applications. Solana is known for its high-speed transaction processing.