A whale turned a $2.75M profit in 4 hours, shorting nearly $96.33M in Bitcoin and ETH with 40x and 25x leverage after 3 months of inactivity

According to Onchain Lens monitoring, a whale opened Bitcoin and ETH short positions after 3 months of inactivity, shorting 620.71 BTC (approximately $47.77 million) and 22,050 ETH (approximately $48.56 million) with 40x and 25x leverage respectively. The whale currently has an unrealized profit of $2.75 million, a profit of $2.69 million over the past 30 days, and a cumulative profit of $1.16 million.