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Swimming Against the Current, One Trader’s Split Bet on ETH and BTC
While most people are picking a side, this trader decided to do… neither. And honestly, that’s what makes it interesting. This wallet stepped in yesterday with a confident $ETH long, then doubled down on the contrarian angle by opening a BTC short about nine hours ago.
The ETH bet is heavy. We’re talking nearly 22,000 ETH, leveraged hard at 18x, a position north of $64 million. Entry came in just under $2,932, and as of now it’s slightly in the green, nothing crazy yet, a bit over $30K, but we think green is green.
On the flip side, the $BTC trade isn’t smiling back. The short sits at roughly 250 BTC, pushed with 20x leverage, opened around $87,334. That one’s currently underwater by more than $60K, which… happens. Especially when you play both sides of the board.
What gives this move weight, though, is the track record. Since July, this account has quietly stacked around $3.65 million in total profits. Not perfect trades. just consistent ones.
If you want to keep an eye on it yourself, the wallet is here:👇
0x50b309f78e774a756a2230e1769729094cac9f20
Sometimes conviction looks loud. Other times, it looks like this, calm, split, and slightly uncomfortable.