After losing $2.1 million from shorting ETH, a trader switched to going long and is now up over $1.4 million in unrealized profit.
Foresight News reported, according to monitoring by Lookonchain, trader pension-usdt.eth switched to going long after losing $2.1 million from shorting ETH. He opened 3x leveraged long positions of 1,000 BTC (worth $87.8 million) and 10,000 ETH (worth $29.6 million), currently with an unrealized profit of over $1.4 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Equities: Energy relief drives risk-on cascade – Danske Bank
New York Life Takes High-Yield Bond Strategy Onchain With Centrifuge
JPMorgan: Initiates NexGen Energy (NXE.US) with an “Overweight” rating, optimistic about the Rook I flagship uranium project
JPMorgan has initiated coverage of Canadian uranium miner NexGen Energy (NXE.US) with an "Overweight" rating and a target price of $14.
Crypto prices
More
