Ethereum Crash: Short Seller Wins $68M on 50x Leverage

Visit this link and make consistent profit in Binance futures & SPOT trading – https://telegram.me/cryptosignalalert


The risky short bet was made in anticipation of Ethereum’s Pectra upgrade as Ether fell nearly 11% amid growing global trade concerns.

An anonymous cryptocurrency trader has accumulated almost $68 million in unrealized profit by shorting Ether amid its recent price decline.

According to blockchain data from Hypurrscan, the trader opened a 50x leveraged short position when Ether was trading at $3,176, on Feb. 1. As of 9:06 am UTC on March 5, the position had almost $68 million in unrealized profit.

Shorting involves “borrowing” the underlying cryptocurrency from a broker, selling it at the current price, and then repurchasing it once the price falls — a strategy used by traders to bet on the price decline of an asset.

23% Profit on #ACT/USDT

Our team is made up of some of the best experts in the trading market. We have a deep understanding of market behavior and trends, which helps us stay ahead in the game.

Our skilled professionals are full-time crypto traders with a strong background in market analysis. They bring their expertise to ensure the best trading strategies for our users.

We pride ourselves on delivering high-quality signals that traders can rely on. Our team’s dedication to excellence sets us apart in the competitive crypto market.

For more proof of our performance, simply visit the link provided. You’ll find detailed stats showcasing our trading accuracy.

You’ll also see words of appreciation from our members, highlighting the trust and success they’ve gained from our signals.

Comments

Post a Comment

Popular posts from this blog

Can DOGE Hit $1 in This Market Cycle

Explore the provided link to secure a consistent profit in Binance futures trading. Receive complimentary Bitcoin trading signals and leverage the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub. With the rising number of memecoins entering the market, Dogecoin’s DOGE tickers down $0.16 strong community could keep the cryptocurrency from fading into obscurity, but analysts are skeptical of traders' hopes that it could reach a price of one-dollar this cycle. Non-Stop Profit for our Members on Futures/OKX/Bybit & KuCoin. We are dedicated to delivering the highest quality signals to the trading community. Trading on #Binance is highly lucrative, and traders worldwide acknowledge its potential. Join our Binance Group to become a part of the top Binance Trading community, just like numerous other traders. Come and join our Binance Group and profit with the Binance Futures BOT
Read more

SHIB Jumps 15% in a Day, BTC Stable at $68K

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders Visit our website - https://binancefuturessignal.com/ Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.signalBroadcaster.BinanceFuturesProSignals SHIB and WIF are the top gainers from the larger-cap alts. Bitcoin’s price has been on a wild ride in the past few days, first heading north to over $70,00 before it dumped to $67,000 a day later. The altcoins have recovered some of yesterday’s losses, and most have turned green. SHIB and WIF lead the pack from the meme coin realm with massive double-digit surges. Big profits made from this call Our Team accounts for the Best in the Trade market, with thorough understanding of the Market behavior and trends. We have a skilled team of full time crypto traders who excel in market analysis a...
Read more

Binance records $2.4B inflows amid crypto dip buying

Check out the link for free Bitcoin trading signals: https://telegram.me/btctradingclub Crypto investors are still buying the dip following this week’s massive market rout, and this can be seen in exchange flows.  On Aug. 8, on-chain analytics platform Lookonchain reported that the world’s largest crypto exchange, Binance, experienced a net inflow of $2.4 billion since the market dip on Aug. 5. It added that the majority of that was in stablecoins with an inflow of $1.33 billion in USDT and $519 million in USDC. This suggests that retail has been buying the dip, it noted. “Some investors appear confident in the market and are buying the dip.” 225% Profit on #MEW/USDT for our Members on On Futures, OKX,  Bybit, Kucoin Our members enjoy continuous profits on Futures, OKX, Bybit, and KuCoin. We are committed to providing top-quality signals to the trading community. Trading on Binance is highly profitable, and traders worldwide recognize its potential. Join our Binance Group to b...
Read more