Trader Expands MEGA Short Position with Growing Profits

Trader Increases Exposure on MEGA Short Position

According to HyperInsight data on January 26, a trader known for focusing on new token short positions (address 0x26359) has added more to their MEGA short holdings. Operating at 1x leverage, their position now totals 242,356 tokens, with an average entry price of $0.214 and unrealized profits reaching $7,343. The liquidation price is set at $0.3671.

Previously, the same trader has successfully earned $41,600 by shorting other tokens such as MON, LIT, and FOGO, highlighting their skill in capitalizing on market volatility.