Trader profits $586K on 20x shorts across BTC, ETH, SOL, XRP and DOGE
- —Total position size is $26.5 million with $586K in unrealized profit
- —ETH short: 3,629 coins worth $9.33M, up $163K
- —SOL short: 73,728 coins worth $8.52M, up $141K
- —DOGE short: 48.37M coins worth $4.24M, up $224K
Why it matters: Large profitable shorts across major assets signal persistent selling pressure in the market.
Source: PANews