News

On December 24, Coinbob monitoring showed that the HYPE short position held by the whale starting with address 0xd16 has yielded significant profits. Since November, this address has opened short positions around $39, and after continuously rolling over the positions, the current position size is about $6.43 million, with the average cost reduced to $35.7. The unrealized profit stands at $3.28 million, with a return rate of 509%, and the current liquidation price is $32.78. During this period, the whale has repeatedly used about 10% of the funds to establish short-term long positions to capture market rebounds, and the total account assets have doubled.

BlockBeats News, December 24th, according to Coinbob Popular Address Monitor, the HYPE short position of the whale with address starting with 0xd16 has realized significant gains. Since November, this address has been opening short positions around $39 and continuously adding to its position. Currently, the position size is approximately $6.43 million, with an average cost of $35.7, unrealized gains reaching $3.28 million, a return rate of up to 509%, and the current liquidation price is $32.78. In addition, during the holding period, the whale has used about 10% of its funds several times to establish short-term long positions to capture market rebound opportunities, engage in risk hedging, and enhance returns. This strategy has been quite effective, doubling its total account assets.

According to ChainCatcher, crypto trader @DaanCrypto posted on X platform that the market has been very flat this month, with no major events or significant volatility. Altcoins have seen a sharp decline, while bitcoin and ethereum have remained basically stable.