A crypto whale has placed a take-profit order worth tens of millions of U.S. dollars for SNDK, waiting to break even.
58 minutes ago
The "Smart Money Storage" address starting with 0x0ad9 previously executed 13 flash trades on SNDK, notching 12 wins and 1 loss. After factoring in trading fees and funding fees, it posted a net profit of roughly $2.816 million. However, the whale has yet to break even after re-entering a long position in this round. This round’s long position was initiated on October 12 (Beijing time), with an average entry price of $1,546.41 that day. It then averaged down as the price declined, bringing the overall average position cost to $1,506.84. As of press time, the whale holds 6,646.976 SNDK long contracts valued at approximately $9.259 million, with an unrealized loss of around $757,000. It has now set a full-position take-profit order for this long position at $1,510, worth about $10.037 million—only roughly 0.21% above its average entry price. Based on the current mark price of $1,393, the SNDK price still needs to rebound by around 8.4% to trigger the take-profit order.
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