According to Onchain Lens monitoring, a whale that previously sold 255 BTC recently made significant moves in the crypto market. This investor shorted DASH with 5x leverage while simultaneously going long on DOGE with 10x leverage, demonstrating a unique market perspective.
Despite currently facing a floating loss of $3.3 million, the whale maintains long positions in BTC, ETH, and SOL with a total value of $457 million. This move has attracted widespread market attention, highlighting the strategic choices of large investors in a volatile market.
Analysis of Transaction Details
- 5x leveraged short position on DASH
- 10x leveraged long position on DOGE
- Floating loss of $3.3 million
- Long positions in BTC, ETH, and SOL worth $457 million