A trader known as the "20 million band hunter" has expanded short positions in gold and Monero (XMR), according to HyperInsight Monitoring. The trader is shorting $7.23 million in gold-mapped contracts with 10x isolated leverage, incurring a floating loss of $318,000. Additionally, they hold a short position of 21,399.447 XMR with 5x cross-margin leverage, resulting in a floating profit of $1,032,000. Despite the current floating loss of $2.45 million, the trader has amassed a total profit of $92.27 million through high-leverage, short-term trading strategies.
Aggressive Trader Increases Short Positions in Gold and XMR, Faces $2.45M Loss
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