Most of the 8 million in short profits came from US stocks
Just circulated in the group: 0xfC27’s short positions on Aster are up over 8 million in total—about 5.01 million unrealized and 3.04 million realized. The breakdown is wild: 2.35 million from shorting SOXL, 1.17 million from SNDK, only 1.03 million from BTC, and another 610,000 from MU.
Retail traders are still following crypto shorts, but this guy made most of his money on US semiconductor stocks. Don’t treat “going all-in on shorting BTC” like gospel.
Follow the US stock shorts, or keep going all-in on crypto? If you’ve had a similar experience, give this a bump.
$BTC $BNB
Just circulated in the group: 0xfC27’s short positions on Aster are up over 8 million in total—about 5.01 million unrealized and 3.04 million realized. The breakdown is wild: 2.35 million from shorting SOXL, 1.17 million from SNDK, only 1.03 million from BTC, and another 610,000 from MU.
Retail traders are still following crypto shorts, but this guy made most of his money on US semiconductor stocks. Don’t treat “going all-in on shorting BTC” like gospel.
Follow the US stock shorts, or keep going all-in on crypto? If you’ve had a similar experience, give this a bump.
$BTC $BNB
