A whale futures trader entered a 20x leveraged short on BTC and ETH, while simultaneously long position on PAXG.

According to ME News, on February 7th (UTC+8), as monitored by Onchain Lens, whale trader KOL loracle.hl (@loraclexyz) has opened 20x leveraged short positions in BTC and ETH, and established a 5x leveraged long position in PAXG. In addition, his LIT short position has also slightly increased. The account's total profit has exceeded $32 million. Current holdings are as follows: • Long 1,478,842 HYPE (worth $48.69 million) • Short 380.76 BTC (worth $26.98 million) • Short 4,869.58 ETH (worth $10.19 million) • Long 1,576.36 PAXG (worth $7.79 million) • Short 947,244 LIT (Source: ME)