Wallet address 0xedcd, who previously nailed the Ethereum rally, just switched up their game: after scoring big on a long ETH position, they're now shorting Bitcoin—still sticking to a moderate 4x leverage for both plays.

ETH Long: Position Details and P&L

Right before ETH pumped, this trader opened a 20,000 ETH long ($49.5M) with 4x leverage. Entry was $1,936, with a liquidation level at $1,048. Unrealized profit on this position now sits around $10.7M.

BTC Short: Size and Liquidation Risks

Now, the same address has opened and is scaling into a 630 BTC short ($49.3M) with 4x leverage. The short entry is $78,543, and the liquidation price is $122,268.

Key liquidation levels to watch: $1,048 for ETH and $122,268 for BTC. Both trades are running the same 4x leverage.