Storage Contracts Generate 46% of a Whale’s Unrealized Short Gains

An account beginning 0x0242 held about $133 million in short positions in its latest snapshot, with five storage-related contracts responsible for 46% of its unrealized short gains. The latest snapshot follows an earlier view of the account’s 36-position short book . The latest count is 35. The 46% figure refers to the storage contracts’ share of gains on short positions, rather than their share of the account’s total short exposure. Storage-related contracts made up about 35% of unrealized short gains in the prior snapshot. Between snapshots, the account added about $6.83 million in short exposure to Micron and SanDisk.

Source: TokenPost