ME News reports that, as of September 2 (UTC+8), according to TradingBeats monitoring, the whale address 'VBVIT' has recently taken significant short positions in BTC, ETH, and the Nasdaq 100-related asset XYZ100. As of 17:41 Hong Kong time on September 2, the combined value of these three short positions totaled approximately $107.5 million, with a current combined unrealized profit of about $2.4535 million. According to TradingBeats’ current ranking of short position sizes, this address is currently the 3rd largest BTC short, the 8th largest ETH short, and the 2nd largest XYZ100 short. Specifically, the address holds approximately 839.45 BTC short positions, valued at around $64.3196 million, using 10x leverage, with an average opening price of approximately $78,146.80, yielding a current unrealized profit of about $1.2809 million; It holds approximately 11,851.47 ETH short positions, valued at around $28.1247 million, using 20x leverage, with an average opening price of approximately $2,451.97, yielding a current unrealized profit of about $934,800; It also holds approximately 522.16 xyz:XYZ100 short positions, valued at around $15.0916 million, using 20x leverage, with a current unrealized profit of approximately $237,800. The address currently holds a total of 86 positions, 60 of which are shorts, with a total short position size of approximately $137 million and an overall unrealized profit on short positions of about $2.6218 million. It is also currently the largest short on multiple U.S. stock/ETF assets on Hyperliquid, including 14 assets such as ASML, IBM, AVGO, and MRVL. This address previously attracted attention from the on-chain trading community for establishing nearly $30 million in SPCX short positions. Its historical win rate for closed trades is 48.44%. (Source: BlockBeats)
Whale Address VBVIT Becomes the Top Short Holder in 14 U.S. Stocks and Major Crypto Pairs
KuCoinFlashShare
Summary
According to MetaEra, the whale address VBVIT is now the largest short holder across 14 U.S. stocks and major crypto pairs. The address has significantly increased its short positions in BTC, ETH, and the Nasdaq 100-linked XYZ100, with a total short value of $107.5 million as of September 2, 17:41 HK time. It holds the second-largest short position in XYZ100 and ranks among the top 10 in BTC and ETH shorts. VBVIT’s activity may be testing key support and resistance levels in these assets. Its short positions include leading names such as ASML, IBM, and AVGO on Hyperliquid, generating a floating profit of $2.45 million. Traders are monitoring how these positions align with value investing strategies in crypto.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.