BlockBeats News, March 5th, according to Arkham monitoring, 0x58bro has made a $4.5 million profit by shorting altcoins and plans to double down when the price rises.
Reportedly, the majority of these gains come from shorting ETH. By shorting $11 million worth of ETH, he has made a $3.04 million profit. He also plans to short $1.3 million worth of ETH when the price reaches the $2,220 to $2,490 range. Currently, he has a floating profit of $4.5 million by shorting over $32 million worth of cryptocurrency.
