After losing $2.1 million from shorting ETH, a trader switched to going long and is now up over $1.4 million in unrealized profit.
Foresight News reported, according to monitoring by Lookonchain, trader pension-usdt.eth switched to going long after losing $2.1 million from shorting ETH. He opened 3x leveraged long positions of 1,000 BTC (worth $87.8 million) and 10,000 ETH (worth $29.6 million), currently with an unrealized profit of over $1.4 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum breaks above 3000 USDT
Vitalik Buterin sold 29,500 KNC and 30.5 million STRAYDOG for 15,000 USDC.
Bitcoin mining company LM Funding America plans to raise $6.5 million through a registered direct offering
Trending news
MoreCrypto prices
More
