During a market crash that saw over $1 billion in liquidations, an Ethereum whale made a significant profit of $58 million by shorting ETH at $3,220 with 50x leverage. The whale's position remains in unrealized profit even as the price of ether dropped below $2,400. This comes as Ethereum faced downsides pressure and increased exchange inflows, including BlackRock depositing 18,168 ETH and 1,800 BTC to Coinbase. In contrast, a Bitcoin whale lost $8.8 million after going long on BTC when its price was around $101,663.



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