The market is a brutal game of chess, and one whale just played a masterful gambit that's sending chills through the derivatives desks. 🫡 A deep-pocketed address (0xc72…0517c) has been running a legendary short campaign since mid-November last year, opening massive short positions on three different tokens. At the core, they are SHORTING $BTC at $97,006 and $ETH at $3,069.6—a genius-level play that has already netted them a floating profit of $2.5 million on a combined position valued at $7.321 million. Pure alpha execution. But then comes the twist that separates the gods from the degens. 🫣 The same wallet also decided to short $HYPE at $27.112, and THAT play is getting absolutely demolished. That $1.7 million short position is currently bleeding $1.029 million in floating losses. It’s the kind of trade that makes you question everything—until you realize the overall strategy is still winning. After netting out the carnage on HYPE against the massive BTC/ETH profits, the account is still sitting pretty with a total floating gain of $1.471 million. This is the reality of institutional-level risk management. They bet BIG on the market leaders and only took a calculated, smaller risk on the alt. Thank god they didn't go heavy on that HYPE short, or this would have been a disaster. The lesson here is brutal: you can be a genius on the majors and still get your face ripped off on the micro-caps. Stay sharp out there. 📉🔥 #BTC #ETH #HYPE #short #liquidation #Crypto #Trading