A prominent whale trader, identified as KOL loracle.hl, has initiated significant leveraged positions, according to Onchain Lens. The trader has opened 20x leveraged short positions on Bitcoin (BTC) and Ethereum (ETH), while simultaneously establishing a 5x leveraged long position on PAX Gold (PAXG). Additionally, the trader has slightly increased their short position in LIT. The account's total profits have surpassed $32 million. Current holdings include a long position of 1,478,842 HYPE valued at $48.69 million, a short position of 380.76 BTC valued at $26.98 million, a short position of 4,869.58 ETH valued at $10.19 million, a long position of 1,576.36 PAXG valued at $7.79 million, and a short position of 947,244 LIT valued at $1.59 million.
Whale Trader Opens 20x Short on BTC and ETH, 5x Long on PAXG
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