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Trader Opens $2.43M Short Position on CHIP Within 3 Hours of Token Launch

GateNews
Stocks
CHIP-6.2%

Gate News message, April 22 — According to Onchain Lens, a trader with address starting with 0x5c2 has opened a short position on CHIP, which launched yesterday. Over the past 3 hours, the address accumulated 28.85 million CHIP tokens, valued at approximately $2.43 million.

The same address also holds a 1,400-unit short position in xyz:SP500, worth approximately $9.94 million.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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