PANews reported on March 17 that, according to Lookonchain monitoring, as the market rose, multiple short positions held by whale @0x58bro—including ENA, LTC, BNB, BTC, ETH, and HYPE—have been liquidated.

However, he continued to short against the trend, depositing 7.81 million USDC into Hyperliquid to increase his short positions in BTC and ETH.

Nevertheless, he was still profitable overall, with total profits exceeding $32.8 million.