Trader Amplifies High-Leverage BTC Short with Prior ETH Profit

On-chain data reveals a trader pursuing an aggressive leveraged strategy, deploying profits from one position to significantly enlarge another.

Trade Strategy & Capital Flow:

The trader realized an ~$1.8 million floating profit from an existing 31,093 ETH short position (opened at $3,270). This capital was immediately redeployed to open a new BTC short position worth approximately $52.48 million (563 BTC at $92,623).

Aggregated Position & Risk:

*Total Short Exposure:** Combined BTC and ETH shorts now total roughly $152 million.

*Initial Capital:** Started with $3 million.

*Effective Leverage:** ~**35x**.

*Key Risk:** The BTC position liquidation price is set at $96,057, which is now approaching current price levels. This position is currently showing an unrealized loss of ~$280,000. $BTC $ETH $BNB #CryptoNews