# Whale’s $96.3 Million Bitcoin, Ether Shorts Show $2.75 Million in Unrealized Gains

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/44149
Published: 2026-10-30T02:28:55.000Z
Updated: 2026-10-30T02:28:55.000Z
Section: Investing

> The positions covered 620.71 Bitcoin (BTC) and 22,050 Ether (ETH), with leverage of 40x and 25x, respectively.

After three months of inactivity, a whale opened leveraged short positions totaling $96.33 million in Bitcoin (BTC) and Ether (ETH), with $2.75 million in unrealized gains.

The trader shorted 620.71 BTC, worth about $47.77 million, using 40x leverage. The 22,050 ETH position was worth about $48.56 million and used 25x leverage.

The positions were close in dollar value, while the Bitcoin short carried higher leverage. Unrealized gains are profits on positions that have not been closed.