A Whale's 30x Nasdaq 100 Short Shows $71,000 in Paper Gains
Photo: TokenPost
A whale's 30x short on Nasdaq 100-linked XYZ100 showed about $71,000 in unrealized gains after the contract fell following Georgia's Nov. 3 poll closing. The snapshot captured a leveraged trade around a closely watched U.S. election night. The position was valued at roughly $3.03 million and was opened between 6:37 and 6:41 p.m. ET (23:37-23:41 UTC) at an average price of $28,283. Georgia's polls closed at 7 p.m. ET. About half an hour after the position was completed, XYZ100 fell from $28,197 to $27,929, a decline of about 0.95%.
Source: TokenPost
