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TechFlow, November 16 — According to on-chain analytics platform Lookonchain, a trader has opened large-scale short positions again, with a total value of $196 million.
The trader has taken 40x leveraged short positions on Bitcoin, holding 1,555.56 BTC (worth $148.5 million); 20x leveraged short positions on XRP, holding 12.34 million XRP (worth $27.4 million); and 10x leveraged short positions on ZEC, holding 31,016 ZEC (worth $20.4 million).
According to on-chain analytics platform Lookonchain, a trader has again opened large-scale short positions totaling $196 million. The trader took 40x leverage shorts on Bitcoin, holding 1,555.56 BTC (worth $148.5 million); 20x leverage shorts on XRP, holding 12.34 million XRP (worth $27.4 million); and 10x leverage shorts on ZEC, holding 31,016 ZEC (worth $20.4 million).
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