The $20 million swing trader reduces BTC and PUMP short positions and shifts to going long on ZEC.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to HyperInsight data, the "20 million US dollar swing trader" has reduced BTC and PUMP short positions in the past hour and switched to going long on ZEC. The account currently has an unrealized profit of 10.06 million US dollars. This address adopts a high-frequency quantitative strategy, using a high-leverage short-dominated portfolio to obtain excess returns in a volatile market, with a cumulative profit of about 8.7 million US dollars over the past week.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
REX launches 2x leveraged ETF tied to Bitcoin treasury firm Strive
Cointelegraph•2026/09/19 19:42
No, Morgan Stanley Not Selling BTC: Onchain Data
UToday•2026/09/19 16:57
Tether issues 500 million USDT on the Solana blockchain
AiCoin•2026/09/19 16:06
Crypto prices
MoreBitcoin
BTC
$80,984.84
-0.33%
Ethereum
ETH
$2,624.47
-0.50%
Tether USDt
USDT
$0.9997
+0.00%
BNB
BNB
$760.3
-0.56%
XRP
XRP
$1.42
+0.87%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$110.81
-2.50%
TRON
TRX
$0.3392
+0.19%
Zcash
ZEC
$1,471.7
-1.67%
Hyperliquid
HYPE
$91.39
-0.45%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now