A perpetual trader has increased short positions on HYPE in the past half hour, with the total value of short positions across 4 tokens exceeding $260 million.
According to Odaily, on-chain analyst Yujin has monitored that [perpetual trader 0xD83...Fd7] has once again increased his short positions on HYPE in the past half hour.
Starting last Friday, he first shorted ETH, then used floating profits to roll over and increase short positions on other tokens. Now, he holds short positions in four tokens: BTC, ETH, HYPE, and XMR, with a total value as high as $261 millions.
He has turned $3 millions in principal into $11 millions through rolling short positions:
◎ Short 1,640 BTC ($150 millions), entry price $92,120, liquidation price $94,732. Floating profit $1.98 millions.
◎ Short 31,093 ETH ($100 millions), entry price $3,270, liquidation price $3,269. Floating profit $6.29 millions.
◎ Short 728,000 HYPE ($16 millions), entry price $21.77, liquidation price $30.1. Floating loss $60,000.
◎ Short 824 XMR ($450,000), entry price $605, floating profit $40,000.
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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