A contract trader shorted BTC with 40x leverage during the outbreak of conflict and now has over $5 million in unrealized profits
According to a report by Jinse Finance, Lookonchain monitoring shows that the trader address starting with 0x51d9 opened a 40x leveraged short position on BTC at the very beginning of the price drop, currently holding over $5 million in unrealized profit. In his last six trades, he lost a total of $4.96 million, but this trade has allowed him to recover all his losses.
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