source avatarKrypto Degeneraci.

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Held 1,000 BTC and 10,000 ETH for 4 months, made $20M, and immediately went short XD The guy just closed his long positions on 1,000 BTC ($78.18M) and 10,000 ETH ($22.35M). He held them for four months and pulled over $20M in profits. But that’s not the end—instead of celebrating with a beer after such a win, he immediately flipped his position. Now he’s holding a 20x short on 13,000 ETH, a position worth $29M. Someone clearly decided that since things went so well, now’s the time to profit from a downturn. But with 20x leverage, just one strong upward move could erase all those profits faster than they appeared XD

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