{"id":16022,"date":"2025-03-04T08:17:00","date_gmt":"2025-03-04T08:17:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16022"},"modified":"2025-03-04T08:17:00","modified_gmt":"2025-03-04T08:17:00","slug":"whale-leveraged-50x-short-sees-81-million-in-paper-gains-as-ethereum-plummets-after-trumps-tariff-confirmation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16022","title":{"rendered":"Whale Leveraged 50x Short Sees $81 Million In Paper Gains As Ethereum Plummets After Trump&#8217;s Tariff Confirmation"},"content":{"rendered":"<div>\n<p>An investor who shorted <strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>)\u00a0with massive leverage is now\u00a0sitting on tens of millions in unrealized profit\u00a0as the market plunged following President <strong>Donald Trump\u2019s<\/strong> tariff announcement.<\/p>\n<p><strong>What Happened<\/strong>: The trader took a 50x leverage bet on ETH\u2019s decline on Monday, according to on-chain tracker Lookonchain. <\/p>\n<p>As the second-largest cryptocurrency fell after Trump confirmed plans to impose tariffs on key trade partners like Canada, Mexico, and China, the trader\u2019s unrealized gains rocketed up to a whopping $81 million. As of this writing, the trader had already begun closing part of the short positions to secure profits. <\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> drops, the whale who shorted <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> with 50x leverage is now sitting on an unrealized profit of over $81M!<\/p>\n<p>The whale has already started closing part of short positions to lock in profits.<a href=\"https:\/\/t.co\/8utezkrdPy\">https:\/\/t.co\/8utezkrdPy<\/a> <a href=\"https:\/\/t.co\/edRVWAnQzf\">pic.twitter.com\/edRVWAnQzf<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44101649\/whale-leveraged-50x-short-sees-81-million-in-paper-gains-as-ethereum-plummets-after-trumps\" alt=\"Whale\" leveraged short sees million in paper gains as ethereum plummets after trump tariff confirmation>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An investor who shorted Ethereum (CRYPTO: ETH)\u00a0with massive leverage is now\u00a0sitting on tens of millions in unrealized profit\u00a0as the market plunged following President Donald Trump\u2019s tariff announcement. What Happened: The trader took a 50x leverage bet on ETH\u2019s decline on Monday, according to on-chain tracker Lookonchain. As the second-largest cryptocurrency fell after Trump confirmed plans [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16022","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16022"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16022\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}