Whale 58bro.eth Loses Multiple Shorts in Rally, Deposits $7.81M to Add BTC and ETH Bear Positions

Whale address 58bro.eth had short positions in ENA, LTC, BNB, BTC, ETH and HYPE liquidated as markets rallied on March 17, Lookonchain data cited by BlockBeats show. The trader deposited 7.81 million USDC into Hyperliquid to open additional BTC and ETH shorts. The address remains profitable with cumulative gains exceeding $32.8 million.