🚨 Trader Closes BTC & ETH Shorts for $2.75M Profit💥📉
A trader has closed short positions in Bitcoin and Ethereum, locking in a combined profit of approximately $2.75 million.
Details:
$BTC short: ~$97.3M position → $1.46M profit
$ETH short: ~$23.24M position → $1.29M profit
The wallet still holds about $25.55M in open positions with roughly $2.8M in unrealized profit. Over the past 30 days it has generated ~$1.77M in profits (with some cumulative losses overall).
Notable short-covering activity. What’s your take on the current positioning in $BTC and ETH?
A trader has closed short positions in Bitcoin and Ethereum, locking in a combined profit of approximately $2.75 million.
Details:
$BTC short: ~$97.3M position → $1.46M profit
$ETH short: ~$23.24M position → $1.29M profit
The wallet still holds about $25.55M in open positions with roughly $2.8M in unrealized profit. Over the past 30 days it has generated ~$1.77M in profits (with some cumulative losses overall).
Notable short-covering activity. What’s your take on the current positioning in $BTC and ETH?
