Prominent traders on @markets_xyz are displaying varied strategies in the cryptocurrency market. @NMTD8 has taken a long position worth $2.8 million on Bitcoin (BTC) and HYPE, indicating a strong bullish sentiment. Meanwhile, @GarrettBullish, who accurately predicted a market short on October 10, now holds a substantial $900 million long position across BTC, Ethereum (ETH), and Solana (SOL).
Conversely, MoneyPrinter1 is shorting $157 million on ETH, while Mr. Big Short maintains short positions on BTC, HYPE, ETH, and SOL, with a $165 million profit and loss primarily from shorting since October 10. Despite these mixed positions, many traders anticipate a market upswing and are employing low leverage to mitigate the risk of unexpected liquidations.
Major Traders Show Mixed Positions on BTC, ETH, and SOL
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