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Analysis: If Garrett Jin had refused to trade ETH, he could have realized a profit of over $70 million. However, his current loss has now amounted to $128 million.
  • ETH0%
  • BTC0%
  • BMT0%
  • HYPE0%
  • ZEC0%

BlockBeats News, May 25th, on-chain data platform Bubblemaps disclosed that the "10/10 Whale" associated with Garrett Jin had previously made a huge profit of $100 million by shorting BTC, but later suffered a massive loss of $200 million by heavily longing ETH.

The latest data shows that a newly associated address "0x92ea" recently bought $10 million worth of HYPE and opened a $38 million ZEC short position.

Currently, the account's unrealized P&L is as follows:

• Long position on HYPE with a profit of approximately $900,000

• Short position on ZEC with a loss of approximately $1.8 million

Earlier, Bubblemaps pointed out that at the end of last year, the whale had also established a $735 million BTC short position and transferred $220 million to Binance, sparking market speculation about whether it would initiate a "second round of shorting."

Fuente:BlockBeats

Descargo de responsabilidad: El contenido actual proviene de perspectivas de terceros o es traducido directamente por IA a partir de perspectivas de terceros. CoinEx no garantiza la autenticidad, exactitud u originalidad del contenido, y no constituye ningún consejo de inversión. Los precios de las criptomonedas son altamente volátiles, por lo que debe ser consciente de los riesgos potenciales.

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