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BlockBeats quotes Ai Yan monitoring, stating that on May 9th, a whale shorting altcoins experienced a drawdown on 28 short positions in altcoins and 1 short position in crude oil, with an unrealized total loss of $4.06 million. The position was valued at approximately $47.66 million, including shorts on ZEC, TON, NEAR, and LIT. The whale's overall portfolio shifted from profit to "underwater" starting May 4th, aligning with market expectations of easing Middle East conflicts and a broader cryptocurrency market rebound. Although there is still a drawdown, the whale has accumulated $86.36 million in historical profits and continues to increase its positions.