A short-selling trader aggressively added more than $260 million in short positions.
AI Summary1 min read
TL;DR
A trader aggressively increased short positions by over $260 million in BTC, ETH, and SOL, resulting in a current floating loss of $1.03 million.
Tags
BitcoinLayer 1EthereumHalving TokensSmart Contractsshort-sellingcryptocurrencyBTCETHSOL
[A short-selling trader aggressively adds over $260 million in short positions] According to Mars Finance, on December 29th, lookonchain monitoring showed that trader address 0x94d3, after selling 255 BTC (approximately $21.77 million) to establish a short position, further increased its short position in the past 5 hours, adding the following: • 1,360 BTC (approximately $119 million); • 36,281 ETH (approximately $106 million); • 348,215 SOL (approximately $43 million). The account currently shows a floating loss of $1.03 million.