"Special New Coin" trader makes a 27% floating profit by low-leverage shorting MEGA, continues to short trending new coins at high points
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Reported by Bijie Network: According to Bijie Network, on February 3, Coinbob Hot Address Monitoring showed that the "specializes in shorting new coins" trader (0x263) opened a 1x leverage short position at an average price of about $0.214 shortly after the MegaETH (MEGA) pre-market contract was launched on Hyperliquid. As the floating profit increased, this address has raised the leverage to 2x, with a current floating profit of about 27%, a position size of about $30,000, and a liquidation price of $0.367. This trader prefers to short new coin contracts with low leverage at the right timing upon their initial launch, and has previously entered short positions at the early stages of projects such as PUMP, MON, and LIT, all of which have yielded considerable returns.
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