According to EmberCN on Twitter, two major crypto whales have successfully turned their large short positions on BTC, ETH, and SOL from losses to profits. Whale 0x5b5d used $50.5 million USDC at 5x leverage to short $228 million worth of BTC, ETH, and SOL since May 9, now realizing a $6.38 million profit (source: EmberCN Twitter, May 13, 2025; hypurrscan.io). Whale 0xB83D similarly entered significant leveraged shorts. The profitable turnaround of these large leveraged positions is driving increased short interest and volatility, signaling potential further downside and caution for traders in the current crypto market environment.

According to @EmberCN, two whale accounts, 0x5b5d and 0xB83D, have successfully turned losses into profits by shorting BTC, ETH, and SOL with significant leverage since May 9. Whale 0x5b5d used $50.5M USDC with 5x leverage to short $228M worth of BTC, ETH, and SOL, now realizing an unrealized profit of $6.38M (source: EmberCN on Twitter, hypurrscan.io/address/0x5b5d). These high-leverage positions by whales indicate strong short sentiment and have caused increased volatility and liquidations in the crypto market. Traders should monitor large on-chain short positions as they can impact price direction and risk levels for BTC, ETH, and SOL.