A trader shorted CHIP, opening $2.43 million in short positions within 3 hours.
Foresight News reports, according to Lookonchain monitoring, the trader starting with address 0x5c2 is currently shorting the newly listed token CHIP from yesterday. In the past 3 hours, this address has opened a short position of 28.85 million CHIP (approximately $2.43 million). In addition, the address also holds a short position of 1,400 xyz:SP500 (approximately $9.94 million).
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.
You may also like
Japan’s Katayama says government is prepared to take decisive steps in FX market

DoorDash (DASH.US) is the most likely to acquire Instacart (CART.US), analysts say: this combination is the "optimal solution" to compete against Amazon and Walmart.
Instacart is evaluating sale options, with Uber and DoorDash initially considered as potential bidders. Although reports indicate that Uber has ended acquisition talks, DoorDash currently appears to be the leading contender to acquire this grocery delivery competitor.
Citi and BCA downgrade Brazilian asset ratings after Lula's comeback

Swiss Franc edges lower as US Dollar gains offset lower yield impact

