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An Address Liquidated Long on Major Coins, Turning $3 Million Principal into $11 Million Profit in Only 4 Days
BlockBeats News, January 20th, according to EmberCN monitoring, leveraged trader 0xD83...Fd7 has increased his short position in HYPE again in the past half an hour.
Starting from shorting ETH last Friday, he has been increasing his short positions in other cryptocurrencies through profit-taking rollovers. He now holds short positions in 4 cryptocurrencies including BTC, ETH, HYPE, XMR, with a total value of up to 261 million US dollars.
He turned a $3 million principal into the current $11 million through leveraged shorting and rollovers:
· Short 1640 BTC (150 million US dollars), entry price $92,120, liquidation price $94,732. Profit $1.98 million;
· Short 31,093 ETH (100 million US dollars), entry price $3,270, liquidation price $3,269. Profit $6.29 million;
· Short 728,000 HYPE (16 million US dollars), entry price $21.77, liquidation price $30.1. Loss $60,000;
· Short 824 XMR (450,000 US dollars), entry price $605, profit $40,000.
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