The Whale Evaded Long HYPE, ZEC, and Other Positions to Take $4.56 Million in Profit, Then Shorted 990 BTC with 15x Leverage

ETH0%
HYPE0%
ZEC0%
BTC0%

BlockBeats News, May 23rd, according to OnchainLens monitoring, whale trader Evaded (@ICanPlug) has closed his long positions in HYPE, ZEC, and ETH, realizing a total profit of $4.56 million. He has then opened a new 15x leveraged short position with 990 BTC, worth about $74.5 million. Currently, the unrealized gain on this short position has exceeded $1 million.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Related NewsView All

The U.S. bank disclosed a holding of nearly $53.1 million in a cryptocurrency ETF, with holdings in IBIT worth around $37 million.

MARA Discloses Significant Executive Security Expenses, Cryptocurrency 'Wrench Attack' Incidents Continue to Rise

Analysis: SpaceX IPO Could Expand Nasdaq's Bitcoin Exposure, But May Create Short-Term Selling Pressure on Tech Stocks and Bitcoin Funds

Hot

Coins
Price
24H Change