Trader pension-usdt.eth turns bearish after making over $25 million in profits
PANews reported on December 27, according to monitoring by Lookonchain, trader pension-usdt.eth has accumulated profits of over $25 million and has now completed a shift from long to short positions. The trader closed previous long positions in ETH, earning $278,000 in profit, and subsequently opened a 3x leveraged short position on 20,000 ETH (worth $58.44 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
AI boom hides potential correction risks? ECB board member: If expectations fall short, the market will be fragile
Fabio Panetta, a member of the European Central Bank's Governing Council, warned that technology companies are overvalued, which could expose the market to the risk of a significant correction.
Abraxas Capital Faces Over $100 Million Unrealized Loss on $704 Million Perpetual Contract Position
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
