Bitcoin OG Expands Short Position to 1,423 BTC Following $160M Profit

Gate News bot message, A prominent Bitcoin OG trader who previously secured over $160 million in profits from shorting BTC and ETH during the market downturn has expanded their Bitcoin short position. According to Lookonchain data from October 11, the trader had initially closed most BTC and ETH short positions, maintaining only 821.6 BTC ($92M) in shorts. The current short position has increased to 1,423 BTC, valued at approximately $161 million, amid the market's upward movement.

BTC2.08%
ETH8.83%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)