Trader’s ETH Short and BTC Long Show Over $5.5 Million Unrealized Loss, Lookonchain Says

A trader’s Ethereum short position and Bitcoin long position are showing an unrealized loss of more than $5.5 million, according to Lookonchain monitoring. According to Odaily, the trader completed more than 100 trades over the past month, with a 90% win rate and profits of $4.96 million. The report said the current trade has erased all of the trader’s prior profits.