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Whale Account Faces $4.06M Unrealized Loss on 28 Altcoin Shorts on May 9, Despite Previous $86.36M Gain

2026-05-10 12:56:29

According to Ai 姨, on May 9, a whale account that previously profited $86.36 million from shorting altcoins is now facing approximately $4.06 million in unrealized losses across 29 short positions. The account holds short positions in 28 altcoins including ZEC, TON, NEAR, and LIT, plus crude oil futures (CL), with a total position value of approximately $47.66 million. The positions remained profitable until May 4, when market rallies driven by war-end expectations turned the holdings underwater.

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