Whale players are gambling wildly: 3 million USDC short on ETH with an unrealized profit of 1.83 million, then doubling down with a 40x BTC short position.

【Block Rhythm】 Recently, on-chain there is a “gambler” address 0xD835 messing around in the crypto world. This guy used 3 million USDC three days ago to short ETH all at once, and now this short position has an unrealized profit of over $1.83 million, clearly betting on the right direction.

But he clearly doesn’t want to stop there. He turned around and played an even bigger game — opening a new 40x leveraged BTC short position. This time, the position is even more aggressive, directly putting in 323 BTC, which is roughly $30 million in USD terms. It looks like he’s really betting on a short-term market decline, with leverage turned up very high. The returns could be very satisfying, but the risks are equally high. Such extreme operations are quite common in the crypto space; it all depends on how the market moves next.