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🩸BEARISH

Crypto Trader Opens $26.5M in 20x Shorts Across Five Tokens

The positions span five major tokens, with $586K in unrealized gains. Leverage magnifies the exposure, but the snapshot does not establish whether the trader has closed any trades.

Trader 0xdd6a opened 20x short positions across BTC, ETH, SOL, XRP and DOGE on Aster DEX, with total position size of $26.5 million and $586,000 in unrealized profit.

Why it matters

The trades concentrate a large leveraged bearish position across five widely traded crypto assets. Unrealized gains reflect the positions at the time reported, not realized returns.

Market impact

ETH accounts for $9.33 million of exposure and is up $163,000. SOL positions total $8.52 million, up $141,000; DOGE totals $4.24 million, up $224,000. XRP exposure is $2.37 million, up $53,000, while the $1.99 million BTC short is up $5,600.

The snapshot shows one trader positioned for declines, but does not establish broader market positioning or whether the trades remain open.

Source: [Aster - The next-gen perp DEX for all traders — Asterdex](https://www.asterdex.com/en/explorer/address/0xdd6a9af268992508a227b834a43c3895ca1dc065)

Related tokens
$ETH $SOL $DOGE $XRP $BTC

Frequently asked questions

  1. How large are trader 0xdd6a's combined short positions?

    The reported total position size is $26.5 million across BTC, ETH, SOL, XRP and DOGE.

  2. How much unrealized profit do the positions show?

    The positions show $586,000 in unrealized profit. That figure is not reported as realized gains.

  3. Which short position is the largest by value?

    The ETH short is the largest, at $9.33 million. The SOL position is next at $8.52 million.

  4. Which position has the largest reported unrealized gain?

    The DOGE short has the largest reported gain at $224,000, followed by ETH at $163,000.

  5. Do the figures show that the trader closed the positions?

    No. The report gives unrealized profit figures and does not confirm whether any positions have been closed.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 1h ago
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