This 40x BTC position only lasted for 45 minutes...😂
Just now BTC retraced a few hundred dollars, and his position was stopped out. In 45 minutes, he lost $175,000. With $2.96 million in funds, he has lost it down to only $250,000 in just 2 days.
The brother just took this $250,000 and continued to short ETH: opened a short position at $2444 with 25x leverage for 2636 ETH, liquidation price $2480.
😂 I think I understand now, the brother is just running in the opposite direction after getting hit... if he gets hit going long, he goes short, and if he gets hit going short, he goes long again.