The giant whale shorted ETH with 25x leverage, making a profit of over 80.9 million dollars
Jan 29, 2026 22:49:55
According to Lookonchain monitoring, the whale ETHMegaBear (0x20c2) has made over 80.9 million dollars by shorting ETH.
This trader has been shorting ETH on Hyperliquid since 2024, continuously using the highest leverage, previously at 50x and currently at 25x. ETHMegaBear (0x20c2) currently holds a short position of 30,582 ETH, worth 88.9 million dollars.
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