Major Trader 0x2258 Takes $62.5M Short Position on ETH with 18x Leverage

Gate News bot message, Notable cryptocurrency trader identified as Whale 0x2258, who has accumulated profits exceeding $15M, has established a substantial short position on ETH. The trader is currently holding a position of 20,474 ETH ($62.5M) with 18x leverage.

The trader has built a track record of successful trades by taking opposite positions to James Wynn. According to Lookonchain, Whale 0x2258 generated profits of $5.6M within three days by implementing this counter-trading strategy. On May 24, while James Wynn maintained long positions on BTC, trader 0x2258 initiated short positions on both BTC and ETH.

MAJOR2.52%
ETH2.49%
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
  • ็ฎ€ไฝ“ไธญๆ–‡
  • English
  • Tiแบฟng Viแป‡t
  • ็น้ซ”ไธญๆ–‡
  • Espaรฑol
  • ะ ัƒััะบะธะน
  • Franรงais (Afrique)
  • Portuguรชs (Portugal)
  • Bahasa Indonesia
  • ๆ—ฅๆœฌ่ชž
  • ุจุงู„ุนุฑุจูŠุฉ
  • ะฃะบั€ะฐั—ะฝััŒะบะฐ
  • Portuguรชs (Brasil)