TechFlow reports that on January 21, according to on-chain analyst EmberCN (@EmberCN), a whale trader with the address 0xD83...Fd7 grew their capital from $3 million to $18.5 million over six days using a rolling short position strategy.
The trader currently holds $304 million worth of short positions and has placed limit orders to gradually close and take profits when Bitcoin reaches the price range of $83,000 to $85,000 and Ethereum reaches the range of $2,200 to $2,905.
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