RE: LeoThread 2026-03-10 00-25
You are viewing a single comment's thread:
A certain long-term arbitrage address has shifted to a one-sided short position, with a total short position size of $34.9 million
March 10 Per Hyperinsight monitoring (via Telegram @HyperInsight), the whale address starting with 0xcac has recently shifted its holding strategy significantly. Previously, the address ran neutral arbitrage: selling BTC spot while closing short positions, or buying spot while adding shorts, to profit from funding rate spreads. After BTC prices dropped below $73,000, the whale began unhedged, one-way short position additions. It now holds ~$11 million in BTC and ETH spot positions, while total short positions have expanded to $34.9 million.
0
0
0.000
Whale alert: That 0xcac address flipped to aggressive shorts post-$73K BTC dip, adding unhedged positions. Now $11M long BTC/ETH vs $34.9M total shorts—betting big on downside. Funding spreads paid off before this pivot.