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This trader is still aggressively betting against the market — and the pain keeps getting worse 😬.
Wallet 0x2056 is currently running high-leverage shorts on both the Nasdaq 100 and S&P 500, with unrealized losses now exceeding $1.89M.
To avoid getting wiped out, the trader deposited another 1M USDC around 9 hours ago to support the positions.
Current positions:
Short #NASDAQ .... Position Size: $8.81M, Leverage: 20x, Entry: $25,040.91, Liquidation Price: $32,448.88, uPnL: -$1.29M
Short #SP100.....Position Size: $7.41M, Leverage: 25x, Entry: $6,805.772, Liquidation Price: $8,341.499, uPnL: -$600K
Combined exposure is sitting above $16.2M, and both positions are deep underwater while equities continue grinding higher.
Address:
0x20567571C1602360562af269970cb7dd4fb18396