A trader invested in LABUBU eight months ago and now has a floating profit of $1.26 million, while LUCE has turned from profit to loss
According to Lookonchain monitoring, a whale address "DBzhEX" spent $72,200 eight months ago to purchase 30.94 million LABUBU tokens, which are now valued at $1.26 million, achieving a substantial unrealized gain. However, this address spent $527,000 seven months ago to buy 19.14 million LUCE tokens, an investment that once surged to $5.74 million but has now dropped to only $164,000, turning a $5.2 million unrealized gain into a $363,000 loss.
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
Swiss Franc declines as US Dollar rises on Fed rate hike bets
South Korean stocks dropped over 1%
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Variational open interest has exceeded $2 billions.
Crypto prices
More
