Legendary $197M short seller just flipped long altcoins with high leverage, but funding rates signal a dangerous trap
There are traders you hear about because they talk, and traders you hear about because their footprints keep showing up in public data. The wallet that crypto Twitter has been calling “BitcoinOG,” “1011short,” or some variation of those names falls into the second category. Back in October, the story was simple, and loud. The wallet […] The post Legendary $197M short seller just flipped long altcoins with high leverage, but funding rates signal a dangerous trap appeared first on CryptoSlate.
There are traders you hear about because they talk, and traders you hear about because their footprints keep showing up in public data. The wallet that crypto Twitter has been calling “BitcoinOG,” “1011short,” or some variation of those names falls into the second category. Back in October, the story was simple, and loud. The wallet […]
The post This legendary $197M bear has flipped long altcoins with high leverage, but funding rates signal a dangerous trap appeared first on CryptoSlate.