DASH Short Seller Expands Silver Long Position Amid Losses

A prominent cryptocurrency trader, known as the largest DASH short seller, has increased their long position in a silver-mapping contract, according to HyperInsight Monitoring. The trader, identified by the address 0x94d37, now holds $20.53 million in silver contracts with 20x leverage, at an average entry price of $112.24. This position currently incurs a floating loss of $1.1 million.

Despite the setback in silver, the trader maintains a significant short position in DASH, having shorted 152,211.28 DASH with 5x leverage at an average price of $71.41. This DASH position yields a floating profit of $2.971 million, underscoring the trader’s strategic diversification across different assets.