A trader closed a 4-day ETH short position, making a profit of $760,000
BlockBeats News, January 20th, according to HyperInsight monitoring, a trader closed a 3718.75 ETH short position held for 4 days at 16:51 (UTC+8), making a profit of $760,000. He is currently still shorting XYZ100 with 20x leverage, with an average entry price of $25,584.
BlockBeats Note: XYZ100 essentially tracks the performance of the Nasdaq 100 index, similar to an on-chain version of Nasdaq 100 futures, allowing users to trade the ups and downs of the U.S. tech stock index 24/7 (including leverage).
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.
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