Dormant wallet nets $2.4M in 4 hours with high-leverage altcoin shorts

17-5-2025 – An address that had lain dormant for four years has re-emerged to capitalise on a widespread downturn in altcoins, as reported by Lookonchain. The investor behind this address executed a series of bold leveraged short positions on HyperLiquid, including a 25x short order on Ethereum (ETH), alongside 10x leveraged shorts on PEPE, WIF, [. . source: https://www.cointrackdaily.com/dormant-wallet-nets-2-4m-in-4-hours-with-high-leverage-altcoin-shorts/