According to @EmberCN, a whale with a 75% win rate on ETH closed all ETH short positions after further liquidations this afternoon, realizing a loss of 20.73 million dollars, source: X post by @EmberCN on Aug 9, 2025. According to @EmberCN, the whale began shorting ETH on July 28 and at one point on August 3 had an unrealized profit of 12.25 million dollars before the market reversed, source: X post by @EmberCN on Aug 9, 2025. According to @EmberCN, as ETH continued to rise, the position repeatedly faced liquidation and margin top-ups, with a total of 20.98 million USDT added before the trader capitulated and fully closed, source: X post by @EmberCN on Aug 9, 2025. According to @EmberCN, the update includes screenshots documenting the liquidation and closure timeline, underscoring significant forced selling pressure on the short side, source: X post by @EmberCN on Aug 9, 2025.

According to @EmberCN, prominent trader @qwatio added 18,000 ETH ($63.28 million) to his short positions within the last hour and also increased shorts on XRP and SOL. Since opening these short positions early yesterday, @qwatio has realized an unrealized profit of $6.41 million. He currently holds short positions in BTC, ETH, XRP, and SOL, with notable position sizing patterns. This aggressive increase in major altcoin shorts could signal heightened bearish sentiment, impacting price action and liquidity for ETH, XRP, SOL, and BTC in the near term (Source: @EmberCN).

According to Lookonchain, Abraxas Capital is actively using two wallets (0xB83D and 0x5b5d) to short Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) on Hyperliquid with 10x leverage, holding significant positions: 2,572 BTC ($288M), 57,317 ETH ($151M), and 504,957 SOL ($89.4M). This large-scale leveraged shorting, likely a hedge against their spot holdings, signals increased institutional risk management and may pressure market sentiment for these cryptocurrencies, especially as traders watch for potential volatility and liquidity shifts. (Source: Lookonchain on Twitter, May 22, 2025)

According to @EmberCN on Twitter, two whale addresses have opened large short positions on BTC, ETH, and SOL since the recent market rally using the Hyperliquid platform. The address 0xB83D transferred $29 million USDC to Hyperliquid since May 9 and opened $72.4 million in shorts with 5x leverage, shorting BTC at $103,538, ETH at $2,385, and SOL at $170.9. As of now, their floating losses have reached $3.44 million, indicating significant bearish bets remain underwater as prices trend higher (Source: @EmberCN Twitter, May 11, 2025). These large-scale leveraged short positions and their current losses may increase volatility and present potential liquidation risks, leading to heightened trading opportunities and price swings in the crypto market.