A certain whale briefly synchronized shorting ETH and BTC, betting $60 million on a bearish market move.

BlockBeats News, March 12th, according to Hyperinsight monitoring, within the past hour, a whale starting with 0x049 simultaneously opened ETH and BTC short positions on Hyperliquid, with a total position size of over $60 million. The ETH short position was opened with 20x leverage, with a size of 14,564.35 ETH, equivalent to $30.1 million, at an average entry price of $2,059.82, currently unrealized loss of about $120,000 (-8%), and a liquidation price of $2,120.

At the same time, the same address also opened an equivalent-sized BTC short position, with a size of 426.35 BTC, equivalent to $30.06 million, at an average price of $70,363, an unrealized loss of $48,000 (-4%), and a liquidation price of $72,956.