According to Foresight News, data from $Onchain Lens highlights intense trading activity around CHIP over the past 24 hours, driven by major investors. One large trader opened a triple-leveraged short position, which is currently sitting at an unrealized loss of more than $1.7 million.
Meanwhile, another prominent investor entered the CHIP market for the first time after depositing 1.9 million USDC. The trader initially secured a $323,000 profit from a long position, but later switched to a short trade that led to partial liquidation. In the end, the position was closed with a loss exceeding $1.26 million.
$USDT