High Risk, High-Reward? Trader Ups Ethereum Short Before Crypto's Pullback, Records Unrealized Profit Of $1.8 Million

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High Risk, High-Reward? Trader Ups Ethereum Short Before Crypto's Pullback, Records Unrealized Profit Of $1.8 Million

benzinga.com/crypto/25/06/45899397/high-risk-high-reward-traders-ups-ethereum-short-before-cryptos-pullback-record-unrealized-profit-of-1-8-m

A leveraged trader who doubled down on their Ethereum (CRYPTO: ETH) short bet on Wednesday was sitting on unrealized profits as the second-largest cryptocurrency fell in value.
What Happened: According to on-chain tracker Lookonchain, the trader deposited an additional $3.37 million in…

This story appeared on benzinga.com, 2025-06-12 09:35:35.