How One Anonymous Hunchback Made $7M By Sunning the Market-You Won’t Believe Who

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Premise

  • A discreet debonair trader-known but whispered as 0x58bro-has turned a modest wallet into a multimillion‑dollar marvel by mercilessly shorting ETH and ENA. No social media storm, merely a financial thunderclap.
  • The account breezes primarily through Binance, an establishment that registers a steady stream of deposits over five years: a testament to discipline, or simply someone who never tallies his speculation on a cocktail napkin.
  • While heavy leverage carried him to lofty gains, recent liquidations totalling $223M illustrate the perilous chaos lurking in crypto’s swift choreography.

In the kaleidoscopic world of cryptocurrency, a nameless virtuoso has ascended to celebrity by erecting a $7 million palimpsest of short trades. The Ethereum‑centric wallet, cryptically dubbed 0x58bro by those fated to observe, controls assets valued at around $12.9 million, according to blockchain sleuths at Arkham.

Through a slick series of shorts on high‑profile tokens-Ethereum (ETH) and the lesser‑known Ethena (ENA)-the trader has turned obscurity into opulence.

‘NOBODY KNOWS HIM – BUT HE’S MADE $7M SHORTING EVERYTHING’

He boasts a modest 1.3K followers on X, yet his 0x58bro wallet now contains the riches of a multimillionaire. His “short everything” mantra? Brilliantly reckless.

– Arkham (@arkham) February 17, 2026

Arkham discloses the whole recipe: $3.7 million slipped away from ETH shorts, plus an additional $1.45 million from ENA, topping the portfolio with wrapped Ethereum tokens-AETHWETH at $7.5 million, AETHUSDC at $5 million, and, in smaller doses, HANA, BNB, ETH, and a sprinkling of USDC.

Every Swing at Binance’s Touch

Binance is the pied piper: 98% of the wallet’s exchanges occur there, almost a footnote in all other platforms such as Gate and Deribit. Steady, relentless inflows over the past five years suggest a penchant for persistence, not a scattershot approach to the market.

Just recently, the wallet shipped $3 million of USDC to Binance and nearly $3 million of AETHUS within a single 18‑hour span. Canonical stability, one might presume, earns him his grin.

Clash of the Titans: Leverage, Risk, and the Economy’s Pulse

On‑chain data tells a lattice of audacious bets. One short on 5,150 ETH yielded a staggering $3.75 million, a 670.9% return-the sort of figure one might only see in December at the annual ball. Bitcoin, Litecoin, ENA, HYPE, all contributed to a portfolio that thrives on sub‑minute price swings.

Ethereum, near $1,973 after a minor dip, and Ethena hovering around $0.1208, displayed the kind of volatility that keeps traders company in the drawing rooms of chaos.

Liquidation: The Big Bang of the Market

Recent telemetry from CoinGlass records $223.38 million in liquidations over the last 24 hours: $145 million long and $78.37 million short. Bitcoin led with $94.52 million, followed by Ethereum at $52.02 million. A position of $11.21 million on BTC‑USD unraveled at Hyperliquid-a spectacular collapse, if one knows how to keep one’s champagne flutes clean.

In the end, 0x58bro reminds the cryptosphere that bolder betting and heavier leverage may lead to spectacular fortunes, but they can also usher in calamity whenever the market flings an unexpected wave.

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2026-02-17 14:44