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Reading: Giant Whale Suffers Millions in Losses on This Altcoin After a Major Short Position
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Mycryptopot > News > Crypto > Altcoins > Giant Whale Suffers Millions in Losses on This Altcoin After a Major Short Position
Altcoins

Giant Whale Suffers Millions in Losses on This Altcoin After a Major Short Position

September 7, 2025 1 Min Read
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In keeping with information from on-chain monitoring platform HyperInsight, a crypto whale often called “Iron Head Air Power” and whose deal with begins with 0x880ac has been experiencing heavy losses briefly positions opened in varied cryptocurrencies for the previous month.

The whale’s complete losses within the final week alone have reached $10.41 million.

The whale, whose largest quick place is in PUMP, had a mean opening worth of $0.0033 and presently has an open lack of roughly $12.97 million. The deal with additionally holds a brief place of $30.04 million in SOL and $12.58 million in BTC, and equally maintains quick positions in different main cryptocurrencies like LINK, BCH, and LTC.

In the meantime, the Ethena Basis’s extra buyback plan has pushed the worth of ENA up over 13% within the final 24 hours. In keeping with on-chain information, the whale with the deal with 0x6b7…c5e9c, the most important investor in ENA on Hyperliquid, made a revenue of $3.10 million by opening 5x lengthy positions.

*This isn’t funding recommendation.

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Reading: Giant Whale Suffers Millions in Losses on This Altcoin After a Major Short Position
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