Address Shorts $48.78 Million in Major Crypto Assets

On June 22, on-chain analyst @ai_9684xtpa reported that address 0xaea…c2416 is shorting $48.78 million worth of major crypto assets: $BTC: 430.63 coins ($27.83 million), opening price $63,849, current unrealized loss $345,000; $SOL: 181,245.04 coins ($13.48 million), opening price $73.351, current unrealized loss $197,000; $ETH: 4,280.35 coins ($7.46 million), opening price $1,721, current unrealized loss $102,000. All positions are at 20x leverage, resulting in a total unrealized loss of $644,000.