A trader currently holds 50,000 ETH short positions, unrealized gains $13.9 million

GateNews
ETH-0,05%

Gate News bot message, according to Lookonchain monitoring, Satoshi明 trader 0xcB92 seems not to be bullish on ETH.

His short ETH position once gained a floating profit of over 26 million US dollars, but he did not close the position, instead doubled down and increased his holdings by another 10,000 ETH.

He currently holds a short position of 50,000 ETH (valued at $122 million), with profits falling to $13.9 million.

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