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A whale shorted a basket of altcoins and suffered a floating loss of $12.48 million

2025-07-2112201 Views

smart money that once spent $2.82 million to leverage 14.81 million USDe in profits on a basket of altcoins is now floating a loss of $12.48 million. It only holds long positions in BTC and AAVE, with only 38% of the 26 tokens it is shorting in profit, accumulating a total loss of $12.48 million, with XRP alone accounting for a loss of up to $9 million.

A whale shorted a basket of altcoins and suffered a floating loss of $12.48 million

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