Trader keeps massive EUR/USD bet open for 400 days

One specified level is Ostium which lets users commercialized leveraged perpetuals tied to stocks, commodities, and forex straight from their crypto wallets.

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On July 7, Ostium revealed connected X that a trader has been holding a agelong presumption successful a perpetual tied to the EUR/USD brace worthy much than $1 cardinal connected the trading speech for 400 days now.

It was successful June 2025 that the trader opened the agelong presumption connected the euro-U.S. dollar brace successful the anticipation that the official currency of 21 European Union (EU) countries, which marque up the eurozone, volition go stronger than the dollar.

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The EUR/USD brace was trading astir 1.14 successful June past twelvemonth and roseate arsenic precocious arsenic 1.2 successful January 2026. But the brace has again declined to the erstwhile level and was trading astatine 1.14 astatine the clip of writing.

Though the crypto trader has incurred a holding outgo of astir 2.3% per twelvemonth connected this position, they aren't consenting to liquidate yet and hopes the euro volition summation spot against the dollar successful time.

For specified traders, decentralized exchanges person emerged arsenic fashionable avenues to instrumentality highly leveraged agelong oregon abbreviated positions connected perpetuals tied to starring assets, whether U.S. stocks, gold, oregon forex.

Related: Popular golden holder shuts down dollar experiment

This communicative was primitively published by TheStreet connected Jul 10, 2026, wherever it archetypal appeared successful the MARKETS section. Add TheStreet arsenic a Preferred Source by clicking here.