As the market rallies, the "sold 255 BTC to short" whale is not looking great.

He currently holds ~$225.8M in $BTC, $ETH, $SOL, and $SUI shorts, with over $6M in unrealized losses.

His PnL has swung from a $7.7M profit to a $1.7M loss.

https://x.com/lookonchain/status/2005655722349175014