The address shorted BTC and ETH with a paper profit of $2.5 million, and shorted HYPE with a paper loss of $1.029 million.

BlockBeats News, May 31st, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the address 0xc72…0517c had opened short positions for BTC, ETH, and HYPE as early as mid-November last year.

The BTC and ETH shorts, worth $7.321 million, had a floating profit of $2.5 million, but the $1.7 million HYPE short had a floating loss of $1.029 million. The entire account still had a floating profit of $1.471 million.