A whale (a large investor) leveraged 5x to go long on SPCX while simultaneously holding a short position in Bitcoin, resulting in a floating profit of over $1.18 million.

PA一线
PA一线

PANews reported on June 13 that, according to Onchain Lens monitoring, a whale opened a long position of 54,986 SPCX with 5x leverage, worth $9.09 million. This whale also holds a short position of 320.74 Bitcoins (25x leverage), worth $20.4 million, with a floating profit exceeding $1.18 million.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Telegram Discussion Group
Telegram News Channel
@PANewsCN
Recommended Reading
PA一线

PA一线

Galaxy Digital: Bitcoin's cyclical lows may be higher than previous ones, with a potential bottom of $62,000 to $53,600.
PA一线

PA一线

A certain whale once spent $1.81 million to buy ASTEROID, and has now lost 84% to $1.53 million.
PA一线

PA一线

Attorneys general from multiple U.S. states have launched a joint investigation into OpenAI.
PA一线

PA一线

A HYPE genesis whale deposited approximately 576,000 tokens into Coinbase, and may have sold them for a profit exceeding $44.34 million.
PA一线

PA一线

Standard Chartered Bank analyst: The crypto market has hit the bottom of the cycle, and Bitcoin is expected to return to $100,000 by the end of the year.
OmniTools

OmniTools

Behind Musk's trillion-dollar fortune: 85% unsellable.

Popular Articles

Industry News
Market Trends
Curated Readings
Subscribe
PANews App
24/7 blockchain news tracking and in-depth analysis.
Download PANews App
App StoreGoogle Play
PANews APP
MSX listed SpaceX's US stock token $SPCX.M, with the price reaching a high of $176.52 on the first day. Pre-IPO subscriptions have been fully distributed.
PANews Newsflash