ChainCatcher reports that, according to Arkham monitoring, 0x58bro has made a profit of $4.5 million from shorting scam coins and plans to double down when prices rise.
It is reported that the largest profit for this address comes from shorting ETH, with a gain of $3.04 million from shorting $11 million worth of ETH. He also plans to short an additional $1.3 million worth of ETH when the price reaches the $2,220 to $2,490 range. Currently, he has shorted over $32 million worth of cryptocurrencies, with an unrealized profit of $4.5 million.
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