đ¨ New Wallet Deposits $1M USDC Into DEX, Goes Long BTC and Shorts ETH With 5x Leverage đ¨
A newly created wallet has deposited $1 million USDC into DEX, opening a long position on Bitcoin and a short position on Ethereum with 5x leverage.
The BTC long, ETH short setup suggests a relative strength bet favoring Bitcoin in the near term.
Is this a smart spread trade or a high risk directional play?
This article is for informational purposes only, not investment advice.
