• bitcoinBitcoin (BTC) $ 108,299.00
  • ethereumEthereum (ETH) $ 2,546.90
  • tetherTether (USDT) $ 0.999953
  • xrpXRP (XRP) $ 2.28
  • bnbBNB (BNB) $ 660.72
  • solanaSolana (SOL) $ 149.93
  • usd-coinUSDC (USDC) $ 0.999904
  • tronTRON (TRX) $ 0.286777
  • dogecoinDogecoin (DOGE) $ 0.168325
  • staked-etherLido Staked Ether (STETH) $ 2,547.07
  • cardanoCardano (ADA) $ 0.577990
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,235.00
  • hyperliquidHyperliquid (HYPE) $ 37.71
  • wrapped-stethWrapped stETH (WSTETH) $ 3,072.58
  • bitcoin-cashBitcoin Cash (BCH) $ 498.33
  • suiSui (SUI) $ 2.86
  • chainlinkChainlink (LINK) $ 13.27
  • leo-tokenLEO Token (LEO) $ 9.04
  • stellarStellar (XLM) $ 0.251321
  • avalanche-2Avalanche (AVAX) $ 17.86
  • usdsUSDS (USDS) $ 0.999807
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,728.18
  • the-open-networkToncoin (TON) $ 2.76
  • wethWETH (WETH) $ 2,546.93
  • hedera-hashgraphHedera (HBAR) $ 0.156459
  • litecoinLitecoin (LTC) $ 86.27
  • whitebitWhiteBIT Coin (WBT) $ 44.98
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999787
  • moneroMonero (XMR) $ 313.54
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,378.00
  • ethena-usdeEthena USDe (USDE) $ 0.999372
  • polkadotPolkadot (DOT) $ 3.34
  • bitget-tokenBitget Token (BGB) $ 4.30
  • uniswapUniswap (UNI) $ 7.41
  • aaveAave (AAVE) $ 281.55
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  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.455023
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 319.20
  • okbOKB (OKB) $ 48.01
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.38
  • jito-staked-solJito Staked SOL (JITOSOL) $ 182.20
  • nearNEAR Protocol (NEAR) $ 2.13
  • internet-computerInternet Computer (ICP) $ 4.73
  • crypto-com-chainCronos (CRO) $ 0.080713
  • ethereum-classicEthereum Classic (ETC) $ 16.41
  • ondo-financeOndo (ONDO) $ 0.780514
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.074616
  • fasttokenFasttoken (FTN) $ 4.45
  • mantleMantle (MNT) $ 0.564474
  • gatechain-tokenGate (GT) $ 15.57
  • cosmosCosmos Hub (ATOM) $ 4.02
  • bonkBonk (BONK) $ 0.000023
  • vechainVeChain (VET) $ 0.020362
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.665097
  • official-trumpOfficial Trump (TRUMP) $ 8.47
  • skySky (SKY) $ 0.078488
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.185130
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,203.00
  • render-tokenRender (RENDER) $ 3.14
  • arbitrumArbitrum (ARB) $ 0.325394
  • ethenaEthena (ENA) $ 0.252563
  • quant-networkQuant (QNT) $ 106.90
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,547.96
  • filecoinFilecoin (FIL) $ 2.24
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.48
  • algorandAlgorand (ALGO) $ 0.173505
  • worldcoin-wldWorldcoin (WLD) $ 0.858669
  • usdtbUSDtb (USDTB) $ 0.999820
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997786
  • kucoin-sharesKuCoin (KCS) $ 11.02
  • binance-staked-solBinance Staked SOL (BNSOL) $ 159.11
  • sei-networkSei (SEI) $ 0.251522
  • usdt0USDT0 (USDT0) $ 0.999553
  • jupiter-exchange-solanaJupiter (JUP) $ 0.430469
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.43
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,670.34
  • nexoNEXO (NEXO) $ 1.22
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  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999957
  • xdce-crowd-saleXDC Network (XDC) $ 0.065505
  • injective-protocolInjective (INJ) $ 10.33
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999933
  • blockstackStacks (STX) $ 0.642487
  • sonic-3Sonic (S) $ 0.303487
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,111.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015397
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,711.86
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.47
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  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pax-goldPAX Gold (PAXG) $ 3,330.32
  • optimismOptimism (OP) $ 0.531830
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,162.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999661
  • story-2Story (IP) $ 3.09
  • wbnbWrapped BNB (WBNB) $ 660.85
  • kaiaKaia (KAIA) $ 0.149228
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,677.86
  • clbtcclBTC (CLBTC) $ 109,014.00
  • dogwifcoindogwifhat (WIF) $ 0.840628
  • tether-goldTether Gold (XAUT) $ 3,322.98
  • the-graphThe Graph (GRT) $ 0.082242
  • flokiFLOKI (FLOKI) $ 0.000083
  • vaultaVaulta (A) $ 0.500415
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 168.32
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.25
  • immutable-xImmutable (IMX) $ 0.410873
  • msolMarinade Staked SOL (MSOL) $ 196.08
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,751.94
  • ousgOUSG (OUSG) $ 111.71
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • curve-dao-tokenCurve DAO (CRV) $ 0.501961
  • theta-tokenTheta Network (THETA) $ 0.679791
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998129
  • jito-governance-tokenJito (JTO) $ 1.85
  • lido-daoLido DAO (LDO) $ 0.709850
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • galaGALA (GALA) $ 0.013887
  • zcashZcash (ZEC) $ 38.72
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.37
  • iotaIOTA (IOTA) $ 0.155849
  • saros-financeSaros (SAROS) $ 0.229031
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • wrapped-hypeWrapped HYPE (WHYPE) $ 37.69
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,868.00
  • the-sandboxThe Sandbox (SAND) $ 0.241169
  • usual-usdUsual USD (USD0) $ 0.997808
  • aerodrome-financeAerodrome Finance (AERO) $ 0.686203
  • raydiumRaydium (RAY) $ 2.18
  • jasmycoinJasmyCoin (JASMY) $ 0.011929
  • super-oethSuper OETH (SUPEROETH) $ 2,547.75
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  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,712.56
  • pyth-networkPyth Network (PYTH) $ 0.094958
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,547.84
  • walrus-2Walrus (WAL) $ 0.394193
  • falcon-financeFalcon USD (USDF) $ 0.994288
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,683.32
  • flowFlow (FLOW) $ 0.323449
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,234.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,548.12
  • decentralandDecentraland (MANA) $ 0.260348
  • true-usdTrueUSD (TUSD) $ 0.998968
  • bitcoin-svBitcoin SV (BSV) $ 24.67
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  • venomVenom (VENOM) $ 0.229526
  • apecoinApeCoin (APE) $ 0.593053
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999904
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  • staked-hypeStaked HYPE (STHYPE) $ 37.69
  • hashnote-usycCircle USYC (USYC) $ 1.09
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  • starknetStarknet (STRK) $ 0.110496
  • stader-ethxStader ETHx (ETHX) $ 2,708.47
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  • compound-governance-tokenCompound (COMP) $ 40.36
  • mog-coinMog Coin (MOG) $ 0.00000097
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  • elrond-erd-2MultiversX (EGLD) $ 13.20
  • conflux-tokenConflux (CFX) $ 0.072169
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,543.33
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 107,734.00
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  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,809.95
  • kaitoKAITO (KAITO) $ 1.45
  • ether-fiEther.fi (ETHFI) $ 0.934001

Ethereum short pays off: Whale profits $58M as market downturn deepens

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Ethereum short pays off: Whale profits $58M as market downturn deepens

An Ethereum whale is sitting on $58 million in unrealized profit after shorting ether at $3,220.

ith Coinglass data showing cryptocurrency liquidations exceeding $1 billion amid a fresh market crash, many traders faced massive losses. However, as Bitcoin (BTC) and altcoins plunged, one trader who shorted Ethereum (ETH) is positioned for significant gains.

The whale shorted ETH with 50x leverage, taking the position as the top altcoin traded at $3,220.

According to data Lookonchain shared by Lookonchain on X, the trader currently holds $58 million in unrealized profit, including funding fees. This comes as ether dropped below $2,400. On Feb. 25, the leading altcoin by market capitalization fell by double digits, reaching a low of $2,337, its weakest level since September 2024.

On Feb. 3, Lookonchain highlighted another whale’s short position that yielded more than $30 million in profit. That trader also used 50x leverage, and as ether declined, their position moved into an unrealized profit.

You might also like: Why is crypto down today? Trump tariffs, market volatility trigger sell-off

Ethereum has faced significant downside pressure over the past few weeks, with the latest drop coinciding with increased exchange inflows. Whale Alert reported that 50,000 ether was transferred from an unknown wallet to Kraken.

? ? ? ? ? 50,000 #ETH (120,054,952 USD) transferred from unknown wallet to #Krakenhttps://t.co/Q3atVo62Pj

— Whale Alert (@whale_alert) February 25, 2025

On Tuesday, on-chain data showed that BlackRock deposited 18,168 ether, worth over $44 million, to Coinbase. The asset manager also deposited 1,800 bitcoin, valued at about $160 million, to the U.S.-based exchange. Solid Intel reported the BlackRock transactions on X.

INTEL: BlackRock transferred 18,168 $ETH ($43,649,458) and 1,800 $BTC ($159,470,787) to Coinbase Prime a hour ago pic.twitter.com/4qdQbZtL3b

— Solid Intel ? (@solidintel_x) February 25, 2025

In contrast to the ETH whale who went short, Lookonchain earlier highlighted a Bitcoin whale that lost $8.8 million after going long on BTC.

The trader opened a long position when bitcoin hovered around $101,663.

As the flagship cryptocurrency’s price fell below $90,000, the position flipped into an $8.84 million loss on Hyperliquid.

You might also like: Meme coin crash weighing on crypto, but Bitcoin will rebound: Hougan

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