coin-img-ETHETH+2.00%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.17%coin-img-XRPXRP+3.21%coin-img-CRKCRK-61.25%coin-img-WPWP-59.73%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+6.27%coin-img-ETHETH+2.00%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.17%coin-img-XRPXRP+3.21%coin-img-CRKCRK-61.25%coin-img-WPWP-59.73%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+6.27%coin-img-ETHETH+2.00%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.17%coin-img-XRPXRP+3.21%coin-img-CRKCRK-61.25%coin-img-WPWP-59.73%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+6.27%coin-img-ETHETH+2.00%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.17%coin-img-XRPXRP+3.21%coin-img-CRKCRK-61.25%coin-img-WPWP-59.73%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+6.27%

On-Chain Trader pensionusdt.eth Faces Over $10M Unrealized Loss on BTC and ETH Shorts

On-chain trader pensionusdt.eth is currently experiencing over $10 million in unrealized losses from substantial short positions in Bitcoin (BTC) and Ethereum (ETH). The trader opened short positions totaling 1,000 BTC, with a notional value of $75.52 million, and 10,000 ETH, with a notional value of $23.56 million, as reported. This development marks a significant turn for pensionusdt.eth, who has historically maintained an impressive win rate exceeding 85% and accumulated over $27 million in total profits. Notably, the trader had previously recorded 13 consecutive profitable trades since March 1, making these current unrealized losses a notable deviation from their established track record.
Selected
BTC
BTC+0.45%
ETH
ETH+1.93%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.