Whale Wallet 'VBVIT' Ranks Among Top Shorts in BTC, ETH and XYZ100; Also Leads Shorts Across 14 U.S. Stocks/ETFs

BlockBeats, citing ME News and TradingBeats monitoring data, reported that as of Sept. 2 (UTC+8), the whale address 'VBVIT' has built sizeable short exposure in BTC, ETH and the Nasdaq 100-linked asset XYZ100. As of 17:41 Hong Kong time on Sept. 2, the combined notional value of the three shorts was about $107.5 million, with total unrealized gains of roughly $2.4535 million. Based on TradingBeats' ranking by short position size, the wallet currently stands as the No. 3 BTC short, No. 8 ETH short and No. 2 XYZ100 short. Position details show the address is short around 839.45 BTC, worth about $64.3196 million, using 10x leverage. The average entry price is approximately $78,146.80, implying unrealized profit of about $1.2809 million. It is also short about 11,851.47 ETH, valued at roughly $28.1247 million, using 20x leverage, with an average entry price near $2,451.97 and unrealized profit of around $934,800. In addition, it is short about 522.16 xyz:XYZ100, worth about $15.0916 million, using 20x leverage, with unrealized profit of approximately $237,800. TradingBeats data show 'VBVIT' holds 86 total positions, including 60 shorts. Aggregate short exposure is about $137 million, with overall unrealized gains on shorts of around $2.6218 million. The wallet is also the largest short holder for multiple U.S. stock/ETF assets on Hyperliquid, topping 14 names including ASML, IBM, AVGO and MRVL. The address previously drew attention in the on-chain trading community after establishing nearly $30 million in SPCX short positions. Its historical win rate on closed trades is 48.44%.