The large crypto investor 0xf4b8 is making interesting moves. After carefully closing a long position in oil and securing a profit of $755,000, they then initiated a short position on the NASDAQ-100 with 30x leverage. The position size exceeds $25 million. This is a strategic shift that only such a big player can make. The liquidation price is set at $26,688.65, so they are probably quite confident in their short position. It seems like they are switching from short-term commodity trading to indices, reading the market trend.

View Original
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
Add a comment
Add a comment
No comments
  • Pin