Crypto Whale Made $5M Profit In Today's Crash

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An anonymous whale made $5 million over night by shorting the right assets on the correct platforms, outperforming 99% of traders on the market.

The whale opened short positions against Matic, Polygon, and Arbitrum chains on GMX platforms.

The whale's largest position at the moment is a short of WETH/USDC with a profit of $1.3 million; no positions have yet been closed.

In addition to their open short positions, the whale apparently still retains a sizeable sum of Bitcoin and Ethereum.