PANews reported on January 20th that, according to Yu Jin, the address 0xD83…Fd7 has increased its initial capital from $3 million to $10 million over the past five days through rolling over positions. Its current short positions in BTC and ETH are worth a total of $250 million, consisting of 1,640 BTC (nominal value $150 million) and 31,093 ETH (nominal value $100 million). As the price of cryptocurrencies fell, the trader added to its BTC short positions an hour ago, and its current floating profit totals $6.81 million.
A short-selling trader turned $3 million into $10 million in five days, and currently holds short positions worth $250 million.
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