Trader Bags 806% Return on Single Short Position on ESPORTS

A trader has reportedly turned $1 million into over $9 million on Aster_DEX via a single 1x short on ESPORTS, achieving an impressive 806% return in less than a month. According to @lookonchain, the position opened on June 18 with a 1M USDT deposit, realizing $4.28 million already while holding a massive short with $4.77 million unrealized gains.

The price action on the ESPORTS 4h chart shows the token trading at $0.03 inside Bollinger Bands with upper resistance at $0.03. The neutral RSI at 51.76 and MACD golden cross suggest potential for continuation, despite the bearish EMA structure between $0.03 and $0.06.

This setup supports further downside in ESPORTS price prediction models amid ongoing crypto derivatives trading interest.