BREAKING
224d 19h ago

Insider Brother Achieves $197,000 Floating Profit with 40x Bitcoin and 25x Ethereum Shorts

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

The trader known as the Insider Brother currently holds a substantial floating profit of approximately $197,000, leveraging highly concentrated short positions in the cryptocurrency market. Specifically, the portfolio includes a 40x short position on Bitcoin and a 25x short position on Ethereum, reflecting a strategic bet on downward price movements of these leading digital assets. Such significant leverage amplifies both potential gains and risks, underscoring the importance of rigorous risk management in volatile crypto markets. This position highlights the ongoing market dynamics where experienced traders capitalize on price corrections through advanced derivatives trading. Investors should remain cognizant of the inherent volatility and leverage-related risks when engaging in similar strategies.

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