Address 0xD835 Holds $1.83M Unrealized Profit on $3M ETH Short, Opens 40x BTC Short Worth 323 BTC

Address 0xD835 holds over $1.83 million in unrealized profit on a 3,000,000 USDC ETH short position opened three days ago, on-chain data show. The trader has since opened a new 40x leveraged BTC short position of 323 BTC, valued at approximately $30 million, on Jan. 19, according to lookonchain.