High-Win-Rate Whale 58bro.eth Starts Shorting BTC and ETH; Positions Worth Over $25M

ChainCatcher reports that Lookonchain data shows smart-money whale 58bro.eth has begun taking short positions in BTC and ETH. Over the past eight months, 58bro.eth has made 67 trades on Hyperliquid, posting a 91% win rate and total profits of $340 million. The wallet currently holds 175 BTC (about $13.0 million) and 5,300 ETH (about $12.55 million).