A certain short-seller whale of 16 types of altcoins is gradually taking profits and adding $2.5 million in margin to raise the liquidation price

ChainCatcher news, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that shorted 16 altcoins deposited 2.5 million USDC to Hyperliquid 2 hours ago, further increasing the liquidation price of the bundled tokens.

Subsequently, it closed part of its short positions in PEPE and XRP, reducing the overall position size to 46.38 million dollars, and is still continuously placing orders to take profit. Over the past month, its profits have reached 13.68 million dollars, and the short position on the bundle of altcoins is still showing a floating profit of 9.01 million dollars.