coin-img-ELSAELSA+190.40%coin-img-XAUTXAUT+1.46%coin-img-ASTERASTER-3.97%coin-img-HYPEHYPE-4.41%coin-img-UNIUNI-1.96%coin-img-ETHETH-3.66%coin-img-BTCBTC-2.16%coin-img-SOLSOL-3.72%coin-img-ELSAELSA+190.40%coin-img-XAUTXAUT+1.46%coin-img-ASTERASTER-3.97%coin-img-HYPEHYPE-4.41%coin-img-UNIUNI-1.96%coin-img-ETHETH-3.66%coin-img-BTCBTC-2.16%coin-img-SOLSOL-3.72%coin-img-ELSAELSA+190.40%coin-img-XAUTXAUT+1.46%coin-img-ASTERASTER-3.97%coin-img-HYPEHYPE-4.41%coin-img-UNIUNI-1.96%coin-img-ETHETH-3.66%coin-img-BTCBTC-2.16%coin-img-SOLSOL-3.72%coin-img-ELSAELSA+190.40%coin-img-XAUTXAUT+1.46%coin-img-ASTERASTER-3.97%coin-img-HYPEHYPE-4.41%coin-img-UNIUNI-1.96%coin-img-ETHETH-3.66%coin-img-BTCBTC-2.16%coin-img-SOLSOL-3.72%

Address 0xD83 Turns $3M Into $10M Shorting BTC and ETH, Open Interest Reaches $250M

An address starting with 0xD83 turned $3M in capital into $10M over the past five days by repeatedly rolling short positions during the market decline, on-chain data analyst Yu Jin reported on Jan. 20. The address is short 1,640 BTC worth $150M with an entry price of $92,120 and a liquidation price of $94,401, showing an unrealized profit of $2.04M, and is also short 31,093 ETH worth $100M at an entry price of $3,270 and a liquidation price of $3,296, with an unrealized profit of $4.77M. The address used unrealized gains an hour before the report to increase BTC short exposure, bringing total short position value to $250M.
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BTC
BTC-2.20%
ETH
ETH-3.61%
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