One trader opened a 20x Ethereum short that later showed a roughly $684,000 gain, while another entered a 10x ETH long after a 75% win rate and $3.1 million profit.
Two traders placed opposing high-leverage Ethereum positions of 30,000 ETH each, valued at about $53.5 million. One trader opened a 20x leveraged short after closing profitable BTC, ETH and SOL longs for a combined $444,000 gain; the short was later reported to be showing more than $684,000 in unrealized profit. Another trader opened a 10x leveraged long on 30,000 ETH after closing eight trades, six of them profitably, for a 75% win rate and $3.1 million in total profit. Lookonchain highlighted the activity, which Odaily reported as evidence that large traders are taking sharply different directional views on ETH, with the newer post also linking the short to escalating US-Iran tensions and possible market stress when U.S. trading begins.