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🔍 On-chain Detective | A memecoin winner has begun aggressively shorting,PUMP with short positions now totaling 21800000 USD BlockBeats reports that October 8, according to TradingBeats monitoring, a whale opened three concentrated short positions at midday today:PUMP、SOL and XRP. As of press time, the combined position value was approximately 21865400 USD, with an unrealized loss of approximately 12900 USD.

Among them,PUMP was opened in the opposite direction after a long position was stopped out. In total, 1000000000 units of PUMP long positions were liquidated, realizing a loss of approximately 265500 USD, followed by the establishment of 1500000000 units of PUMP short positions. The three current short positions are:PUMP(5 x leverage): Short 1500000000 units, valued at approximately 9015000 USD, at an average price of 0.00602 USD, with an unrealized profit of approximately 16300 USD;

SOL(20 x leverage): Short 75,000 units, valued at approximately 8640800 USD, at an average price of 115.07 USD, with an unrealized loss of approximately 10700 USD;

XRP(20 x leverage): Short 3000000 units, valued at approximately 4209600 USD, at an average price of 1.397 USD, with an unrealized loss of approximately 18600 USD.

On the same day, the whale also reduced its 11,000 units of HYPE long positions, realizing a profit of approximately 140700 USD. It still holds 189,000 units of HYPE and 4900000 units of LIT long positions, with a combined value of approximately 33967300 USD and unrealized profit of approximately 6921000 USD. The size of its long positions remains larger than that of the short positions mentioned above.

Its current account equity is approximately 7758000 USD, total long and short exposure is approximately 55832600 USD, and overall leverage is approximately 7.20 x.

Previous report:LIT has risen by a cumulative 141%since launching on the Robinhood chain, creating three low-cost addresses that recorded a 15400000 USD“dividend”

Original link https://m.theblockbeats.info/flash/370743