A whale used 255 BTC to place a Short order for Trump Token with 10x leverage.

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A whale address that just sold 255 Bitcoin has opened a Short position in the cryptocurrency TRUMP with 10x leverage, according to Onchain Lens.

The move, recorded on December 31st, reflects the whales' high-risk Derivative trading activity after reducing their Bitcoin holdings.

MAIN CONTENT
  • The whale sold 255 Bitcoin before opening the new position.
  • Open a Short for TRUMP Token with 10x leverage.
  • Data tracked by Onchain Lens (December 31).

The whales' new position: Short TRUMP 10x

According to Onchain Lens, a whale address opened a Short position in the TRUMP Token with 10x leverage after selling 255 Bitcoin.

The update on December 31st indicated that this address had previously sold a total of 255 Bitcoin, and then proceeded to trade it in a highly leveraged Derivative transaction on the TRUMP cryptocurrency.

The information in the original text clearly states that this is for informational purposes only and not investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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