There's a ruthless trader who has been doing one thing since June this year—aggressively shorting altcoins. The result? Just the 21 short positions he currently holds have an unrealized profit of $6.417 million 💰.

This guy's strategy is very straightforward. After the flash crash on October 11, his profits skyrocketed, and his total account earnings have now surpassed $78.86 million. Looking through his positions, out of 22 holdings, only ENA is a long position—and it's actually losing money 😂. The other 21 are all shorts, and every single one is in profit.

The most impressive is the ASTER position, which alone has an unrealized profit of $1.955 million—a true ace in the hole.

Honestly, before altcoin season arrives, the bears are really having a blast.