BERA fund movement overview: whale high leverage bet, Su Zhu position squaring ETH, foundation airdrop release

Bitget App

Trade smarter

西格玛学长2025/02/12 05:57

Recently, the volatility of the BERA market has intensified, and the game between bulls and bears has accelerated. According to Nansen monitoring data, a whale account suspected to be Arca currently holds HYPE of 21.30 million USD and has established a 5x leverage long position on BERA with 8.80 million USD, showing a strong bet on the price of BERA.

At the same time, Su Zhu, co-founder of Three Arrows Capital, has announced a short position squaring BERA and redirected funds to go long on ETH, which may mean that his judgment on the short-term pullback of BERA has been realized and funds have flowed to other assets.

In addition, the Berachain Foundation announced on the X platform that the RFB and Social airdrops are now available for collection, and clearly emphasized that this part of the airdrop has been included in the original circulation supply and will not have any additional impact on the circulation supply of BERA. However, the market still needs to pay attention to the impact of large-scale airdrops on the price fluctuations of BERA in the short term.

Multiple funds are dynamically intertwined, and the BERA market is in a critical game stage. Investors need to closely monitor the subsequent capital movements.

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.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Trending news

This month, the value of pump.fun’s repurchased tokens has been severely halved, with $19.5 million worth of PUMP now valued at only $8.2 million

This week, US spot Ethereum ETFs saw a net inflow of $1.8465 billion, while Bitcoin ETFs recorded only $72.3 million in inflows during the same period