A trader closed long positions on BTC and ETH, making a profit of over $20 million, and then opened a 20x short position on 13,000 ETH.

BlockBeats news, October 30th, according to Lookonchain monitoring, trader 0x15a4 closed their long positions of 1,000 BTC (approximately $78.18 million) and 10,000 ETH (approximately $22.35 million) after holding for 4 months, making a profit of over $20 million.

After closing the positions, the trader switched to shorting and opened a 20x leveraged short position of 13,000 ETH (approximately $29 million).