Blockchain tracker Lookonchain said a trader deposited 1 million USDT into Aster DEX on June 18 and opened a 1x leveraged short position on ESPORTS. The position has already generated $4.28 million in realized profit through partial closes, according to the on-chain update. The trader still holds a short position of 137.73 million ESPORTS, valued at about $1.95 million, with another $4.77 million in unrealized gains.
That brings total profit to more than $9 million, while the reported return stands at 806%. Lookonchain also said the trader has already withdrawn the original $1 million principal. The account now holds $9.05 million, all of which is profit. The figures point to one of the more profitable short trades recently tracked on-chain in the ESPORTS token.
According to Lookonchain, a trader deposited 1 million USDT into Aster DEX on June 18 and opened a 1x leveraged short on ESPORTS.
The trader has already locked in $4.28 million in profit by partially closing the position. The account still holds a short position of 137.73 million ESPORTS, worth about $1.95 million, with $4.77 million in unrealized profit.
Total profit has now exceeded $9 million, with a reported return of 806%. Lookonchain said the trader has also withdrawn the initial $1 million principal, leaving $9.05 million in the account, all of it profit.
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