PANews reported on January 19th that, according to on-chain analyst Yu Jin, a "rollover trader" used a $1.8 million profit from his ETH short position to open aPANews reported on January 19th that, according to on-chain analyst Yu Jin, a "rollover trader" used a $1.8 million profit from his ETH short position to open a
A certain "rollover trader" used the floating profit from his ETH short position to open another BTC short position worth $52.48 million.
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on January 19th that, according to on-chain analyst Yu Jin, a "rollover trader" used a $1.8 million profit from his ETH short position to open a $52.48 million BTC short position. His initial capital of 3 million USDC is now used to open a $152 million short position, with an effective leverage of 35x and very close liquidation prices. His current position is as follows:
- A short position of 31,093 ETH (US$99.87 million) was opened at US$3,270 and closed at US$3,264. The unrealized profit is US$1.8 million.
- A short position of 563 BTC ($52.48 million) was opened at $92,623 and closed at $96,057. The unrealized loss is $280,000.
Market Opportunity
Bitcoin Price(BTC)
$67,121.33
$67,121.33$67,121.33
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Tom Lee’s Bitmine Buys $82M ETH in Fresh Accumulation
A large Ethereum purchase has caught market attention once again. Reports suggest that a firm linked to Tom Lee has added another major chunk of ETH to its holdings
Share
Coinfomania2026/04/04 18:07
Oil Prices Soar Past $111 as US-Iran War Threatens Bab el-Mandeb Strait
The post Oil Prices Soar Past $111 as US-Iran War Threatens Bab el-Mandeb Strait appeared on BitcoinEthereumNews.com. As the US-Iran war enters its 36th day, global
Share
BitcoinEthereumNews2026/04/04 18:32
MORPHO Weekly Analysis Apr 4
The post MORPHO Weekly Analysis Apr 4 appeared on BitcoinEthereumNews.com. MORPHO closed the week with a 1.99% decline, maintaining its downtrend structure and
Share
BitcoinEthereumNews2026/04/04 17:57
