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A whale address has accumulated a unrealized loss of $3.167 million from heavy accumulation of Chinese Meme.

4 hours ago

On October 16th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale address that has been heavily accumulating Chinese Meme tokens is currently facing a total unrealized loss of $3.167 million. After holding the position for eight days, the total investment of this address, which was $5.601 million, has now shrunk by 56.5%. Among this amount, the unrealized loss on "Binance Life" is $2.32 million, while Hakimi is the only asset with unrealized gains.
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Yesterday, the whale opened a $140 million short position and took a light long position on ETH, with a position size of $2.467 million.

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Yesterday's whale who opened a **$140 million short position** has now flipped and entered a long position with a small amount of BTC.

On October 16th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the whale address that had opened a short position of $140 million in BTC yesterday has now switched to a long position. It just opened a 5x long position and is currently holding 68.42 BTC (approximately $7.62 million), with an entry price of $111,066.5. Additionally, it has placed a limit buy order of $14.65 million at the level of [$111,000 - $111,053].

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