$219M Huge Short Position!
A $219 million position has been opened with a 10x short on BTC, but currently only shows a loss of $5,460. So the BTC position is still neutral.
But the real story is in the altcoins:
✅ ETH short: +$10 million profit
✅ SOL short: +$7.4 million profit
✅ HYPE & SUI shorts are also in the millions
🔹 Total profit of +7.1 million dollars in 24 hours
🔹 +10.3 million dollars in 7 days
🔹 All-time PnL: +30.1 million dollars
It seems that this account has turned into a profit machine by remaining cautious with BTC while shorting altcoins.
Strategy or luck?