1-8-2025 – A cryptocurrency trader, identified as whale 0xCB92, has secured a $3.7 million unrealized profit by shorting Ethereum with 20x leverage, according to data from blockchain analytics firm Lookonchain.
Smart trader 0xCB92 shorted $ETH with 20x leverage 3 days ago while everyone was FOMO — his profits have now exceeded $3.7M.https://t.co/PqrRRV3sXQ pic.twitter.com/dVlMSBSVt8
— Lookonchain (@lookonchain) August 1, 2025
The high-stakes position, opened three days ago, capitalizes on Ethereum’s recent price volatility.
