20x Bitcoin (BTC), Ethereum (ETH) and XRP Shorts Are Open: Investors Aim for Bloodbath
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The derivatives market is more alive than ever , thanks to substantial changes in the hearts of large market participants, with trader 0xdd6a creating large 20x leveraged short positions on major cryptocurrencies. On Aster DEX, the positions currently show unrealized gains of over $586,000 from a total position size of $26.5 million. The trader allocated significant capital across five major assets, as shown in the position breakdown. With $9.33 million (3,629 ETH) and $163,000 in profits, Ethereum leads the portfolio , followed by Solana at $8.52 million (73,728 SOL) with a $141,000 gain.
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