Lookonchain said two traders have opened opposite leveraged bets on Ether, each tied to 30,000 ETH and valued at $53.49 million. One trader opened a 20x leveraged short position, while the other opened a 10x leveraged long position of the same size.
The tracker also shared each trader’s recent record. The trader behind the ETH short had previously closed three long positions in BTC, ETH, and SOL, with all three ending in profit. Total profit from those trades was $444,000.
The trader who opened the ETH long had closed eight trades in total, six of which were profitable. That puts the win rate at 75%, with cumulative profit of $3.1 million, according to Lookonchain.
The update was cited by ChainCatcher in a brief market note.
Two traders open opposite ETH positions
According to Lookonchain, two traders have opened opposite leveraged positions in ETH, with each position tied to 30,000 ETH and valued at $53.49 million. One trader opened a 20x short. The other opened a 10x long.
Recent trading records
Lookonchain said the trader holding the ETH short had previously closed three long positions in BTC, ETH, and SOL. All three were profitable, with total profit reaching $444,000.
The trader who opened the ETH long has closed eight trades, six of them in profit. That gives the account a 75% win rate and total profit of $3.1 million.
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