A trader used $6M to open a 50x leveraged long position on both BTC and ETH before Trump's crypto reserve announcement and closed their position for a $7M gain (Zack Abrams/The Block)

Zack Abrams / The Block:
A trader used $6M to open a 50x leveraged long position on both BTC and ETH before Trump's crypto reserve announcement and closed their position for a $7M gain  —  - A trader who used $6 million to open a 50x leveraged long position on both BTC and ETH made $7 million in 24 hours …

from Techmeme https://ift.tt/IG0iApw