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Smart Whale Traded Bitcoin and Eight Altcoins, Earned Millions of Dollars! Which One Did He Go Long on, Which One Did He Go Short on?

Smart Whale Traded Bitcoin and Eight Altcoins, Earned Millions of Dollars! Which One Did He Go Long on, Which One Did He Go Short on?

Bitcoinsistemi2024/12/26 14:44
By: Elif Azra Güven
BTC+0.60%SOL+0.66%ETH+1.21%
A smart investor made $8.3 million in Bitcoin and eight altcoins by trading futures.

A smart whale attracted attention with his altcoin transactions and earned a total of $8.3 million.

According to Spot on Chain’s post, an investor earned $8.3 million by trading futures on Hyperliquid.

This investor with the address “0x880” earned $5.3 million from derivatives trading and $3 million from funding fees.

This whale, who opened both long and short transactions in Bitcoin and eight altcoins in total, transferred another 3.7 million USDC to Hyperliquid to continue his altcoin futures transactions.

It was stated that this smart investor traded Solana (SOL), Ethereum (ETH), Bitcoin (BTC), Chainlink (LINK), XRP, WIF, Litecoin (LTC), Dogecoin (DOGE), and SUI.

This investor earned $8.3 million by opening short positions in SOL, ETH, BTC, LINK, XRP, WIF and LTC; and by opening long positions in DOGE and SUI.

https://twitter.com/spotonchain/status/1872120363112628292

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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