Suspected insider address earns $510,000 in unrealized profits from a 30x short position on Nasdaq 100

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A blockchain data report reveals that the address 0xec4 executed aggressive position trading ahead of Trump’s recent remarks on the Middle East, opening a 30x short on Nasdaq 100 futures worth $17.3 million with a $161,000 floating profit. The same address also held a 20x long position in Brent crude oil, valued at $3.915 million, with a $322,000 gain. The combined floating profit reached $510,000. Position sizing appears to have been a key element of the strategy.

Odaily Planet Daily reports that, according to on-chain data monitoring, an address starting with 0xec4 significantly increased its short position in the Nasdaq-100 mapping contract (XYZ100) with 30x leverage approximately one hour before Trump’s statements regarding the Middle East. The current position stands at 600 contracts, valued at approximately $17.304 million, with an average entry price of $29,108.44 and a liquidation price of $32,119.96, resulting in a current unrealized profit of about $161,000.

In addition, this address holds a 20x leveraged long position in Brent Oil (BRENTOIL), with a position size of approximately $3.915 million, an average entry price of $71.8645, a liquidation price of $37.26, and a current unrealized profit of approximately $322,000. Combined, the two positions have an unrealized profit of approximately $510,000.

Following Trump’s latest remarks on the Middle East situation, crude oil futures rose by approximately 5%. According to HyperInsight, this address previously achieved a 100% win rate on the Polymarket prediction market “Will Trump launch an attack on Iran,” with cumulative profits exceeding $420,000.

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