A certain trader aggressively opened a short position through a rolling futures contract, collateralized 3 million USDT to hold a 152 million USDT short position.
BlockBeats News, January 19th, according to Ashes Monitoring, a trader today after a $1.8 million profit on an ETH short, used the profit to roll over and open a $52.48 million BTC short. His $3 million USDC principal is now open in a short position worth $152 million, effectively leveraged up to 35 times, with the liquidation price very close:
31,093 ETH short ($99.87 million), entry price $3,270, liquidation price $3,264. $1.8 million profit.
563 BTC short ($52.48 million), entry price $92,623, liquidation price $96,057. $0.28 million loss.
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