Lookonchain said two traders have opened opposite leveraged positions in ETH, with each trade sized at 30,000 ETH and valued at $53.49 million. One trader set up a 20x leveraged short position. Before this, the trader had closed three long positions in BTC, ETH, and SOL, all at a profit, for combined gains of $444,000. The other trader opened a 10x leveraged long position in 30,000 ETH, also valued at $53.49 million. That trader has closed eight trades so far, with six ending in profit, giving a 75% win rate and cumulative profit of $3.1 million. The update was published by Odaily, citing on-chain monitoring data from Lookonchain.
Odaily reported, citing Lookonchain monitoring, that one trader opened a 20x leveraged short position in 30,000 ETH, valued at $53.49 million.
According to the report, the trader had previously closed three profitable long positions in BTC, ETH, and SOL, with total profit of $444,000.
A second trader opened a 10x leveraged long position in 30,000 ETH, also valued at $53.49 million.
That trader has closed eight trades, six of them profitable, for a 75% win rate and cumulative profit of $3.1 million.
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