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October 27, 2026 5:22 am
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A wallet believed to be owned by UK alternative asset manager Fasanara Capital holds roughly $123 million in short crypto positions, with unrealized profit standing at about $6.49 million, BlockBeats reported.
The address, which begins with 0x7fda, currently holds about $125 million in futures positions, of which around 98.4% ($123 million) are shorts. Its largest position is an Ethereum short worth about $60.82 million, using 25x leverage. Unrealized profit on that position stands at about $3.91 million, accounting for more than 60% of the wallet’s total unrealized gains.