Odaily Planet Daily News: The TIA contract is currently trading at $0.75, up approximately 18% from the previous day. One large whale holds about 1.1195 million TIA long positions with 5x full-margin leverage, representing a position value of approximately $820,000, with an unrealized profit of around $289,000 and a return on position of roughly 272%; the position remains open. Another large whale holds about 1.4295 million TIA short positions with 5x full-margin leverage, representing a position value of approximately $1.07 million, with an unrealized loss of around $342,000 and a loss on position of approximately 236%. This address added approximately 23,400 TIA short positions yesterday at around $0.65 and has not yet closed the position.
TIA Whale Earns 272% Return with 5x Long Position; Another Whale Loses $342K with 5x Short
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Summary
TIA position trading experienced sharp fluctuations as a whale secured a 272% return with a 5x long position. The whale holds 1.1195 million TIA, valued at $820,000, with a $289,000 unrealized profit. Another whale incurred a $342,000 loss on a 5x short position of 1.4295 million TIA, resulting in a 236% loss. Position sizing was critical, as the short added 23,400 TIA at $0.65. TIA futures rose 18% to $0.75.
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