
Address with $25M profit boosts XYZ100 short to $28.13M
- —XYZ100 short grew to $28.13 million as of Oct 16
- —Added $11.02M and closed $896K in an hour, net +$10.11M
- —Previous position size was $18.12 million
- —Address's cumulative profit exceeds $25 million
Why it matters: A large short on the XYZ100 index signals a bet on further market downside.
Source: TokenPost