The Whale has unrealized losses of 4.06 million dollars from going long on a basket of altcoins.

HYPE-2,24%

BlockBeats news, on November 24, according to on-chain analyst Ai Yi (@ai9684xtpa), the “go long on a basket of altcoins” Whale has been in position for a week, with unrealized losses expanding to 4.06 million USD. Among the 22 Tokens he went long on, only one, LINEA, is in a state of unrealized gains, while the rest are underwater, with the heaviest Position being HYPE (4.64 million USD), resulting in unrealized losses of 1.303 million USD.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Scaramucci: 'Yes, We're in a Bear Market' - U.Today

Anthony Scaramucci, despite recognizing the current bear market in cryptocurrency, urges investors to focus on demographic shifts influencing capital. He predicts Bitcoin could reach $150,000 by 2026, attributing recent underperformance to institutional capital's preference for traditional assets.

UToday1h ago

Silver Buyers Step In at $85 as Bulls Target $95 Next

The silver price has rebounded after a significant drop, and analysts predict it could reach the $90–$95 range if it stays above the key $85 support level. Recent patterns suggest a steady ascent rather than a volatile increase.

CaptainAltcoin1h ago

Dogecoin Slides Below $0.10: What’s Next for DOGE Traders?

Dogecoin broke $0.10 support, hitting $0.095 before slightly rebounding to $0.099. Bears dominate markets, with high sell volume and weak bullish momentum persisting. Downside risk remains; recovery needs DOGE to reclaim $0.10 and hold $0.11. Dogecoin — DOGE, has caught traders’

CryptoNewsLand2h ago

Solana Price Faces $80 Test After $90 Rejection

Solana's price faces renewed downside pressure after failing to break above $90, forming bearish engulfing candles. This loss of control shifts focus to key support around $78, aligned with Fibonacci levels, reinforcing the bearish momentum as sellers dominate the market.

CryptoFrontNews3h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)