A Trader Makes Over $9 Million in Profit by Shorting ESPORTS with Low Leverage, Achieving a 30-Day Return of 806%

BlockBeats News, July 13th, according to LookIntoChain monitoring, a trader made over $9 million in less than a month on Aster, with a 806% ROI. The trader executed only one trade, a 1x short on ESPORTS. On June 18th, the trader deposited 1 million USDT into Aster and opened a 1x ESPORTS short position.

The trader has realized a $4.28 million profit by closing part of the position and still holds a short position of 137.73 million ESPORTS tokens, worth $1.95 million, with an additional $4.77 million unrealized profit. Subsequently, the trader withdrew the initial $1 million capital from Aster, leaving $9.05 million in the account, all as profit.