A trader closed a 4-day ETH short position, earning a profit of $760,000.

ETH0,58%

BlockBeats News, January 20 — According to HyperInsight monitoring, a trader closed a 4-day long ETH short position of 3,718.75 ETH at 16:51, with a profit of $760,000. Currently, they are still short XYZ100 with 20x leverage, with an entry price of $25,584.

BlockBeats Note: XYZ100 essentially tracks the performance of the Nasdaq 100 Index, similar to an on-chain version of Nasdaq 100 futures, allowing users to trade the rise and fall of the US tech stock index 24/7 (including leverage).

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