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Crypto Trader Holds $14.06 million Unrealized Ether Gain, Shorts Bitcoin
The trader opened a long position in 20,000 Ether at $1,936 and added a 650-Bitcoin short valued at $53.68 million on Sept. 28.
Mentioned assets
A crypto trader has an estimated $14.06 million unrealized gain on a 20,000 Ether (ETH) long opened at $1,936 during the early stage of the market move.
The trader opened a short position in 650 Bitcoin (BTC) at $84,057 on Sept. 28. The position was valued at $53.68 million and showed an estimated $950,000 unrealized gain.
The Ether position has captured the full rise since it was opened. The Bitcoin short had an estimated unrealized gain of $950,000.
