Lookonchain said trader 0xdd6a has opened five simultaneous short positions on Aster DEX using 20x leverage, targeting Bitcoin, Ether, Solana, XRP and Dogecoin. All of the positions were in profit at the time of the update. The combined position value was about $26.5 million, with roughly $586,000 in unrealized gains.
The largest exposure was in ETH, where the trader held 3,629 ETH worth around $9.33 million and showed an unrealized profit of about $163,000. The SOL short covered 73,728 SOL valued at about $8.52 million, with gains of roughly $141,000. The DOGE position totaled 48.37 million DOGE worth about $4.24 million and was up around $224,000.
The trader also held a short position of 1.68 million XRP worth about $2.37 million, showing an unrealized profit of about $53,000. The BTC leg consisted of 24 BTC valued at about $1.99 million, with unrealized gains of roughly $5,600. The figures were attributed to on-chain tracking data published by Lookonchain.
Lookonchain said trader 0xdd6a took short positions at the same time on BTC, ETH, SOL, XRP, and DOGE on Aster DEX, all with 20x leverage. At the time of the update, every one of the five trades was in profit.
Taken together, the positions were worth about $26.5 million. Unrealized profit was roughly $586,000.
Position breakdown
- ETH: 3,629 ETH, with a position value of about $9.33 million and unrealized profit of about $163,000
- SOL: 73,728 SOL, with a position value of about $8.52 million and unrealized profit of about $141,000
- DOGE: 48.37 million DOGE, with a position value of about $4.24 million and unrealized profit of about $224,000
- XRP: 1.68 million XRP, with a position value of about $2.37 million and unrealized profit of about $53,000
- BTC: 24 BTC, with a position value of about $1.99 million and unrealized profit of about $5,600
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