Betting Against the Crowd… and the Market Gives Good Returns.



Three days ago, this wallet walked in with $3M in USDC and did the one thing nobody wanted to hear , he simply shorted.
Today the screen looks very different. The account is sitting on about $147M in open positions, every single dollar aimed downward, and the curve has finally turned green.
His $ETH short alone is carrying the story, roughly 31,000 ETH on 25x, opened around 3,269, now hovering near 3,196, floating more than $2.2M in unrealized profit with liquidation price just above 3,275. Nearly $4M in margin holds it together, and even funding is paying him for once.

But instead of easing up, he leaned in. A fresh $BTC short came in at 40x -- about 520 BTC, nearly $48M in size, entered around 92,640 and already ticking green. Liquidation price near 97K, with just over $1.2M backing the position.
We thought this guy is watching the tape and saying, “No… lower,” and then putting real weight behind it. For now, the market is nodding.

Add: 0xD83516572789F1c782C8298eFce58a5600318Fd7
ETH-3,49%
BTC-2,1%
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
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)