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Data: Two whale addresses shorting CHIP with a total loss of nearly 3 million USD
Mars Finance reports that, according to Onchain Lens monitoring, the whale “0x5C2” has opened a threefold short position on CHIP in the past 24 hours, currently with floating losses exceeding 1.7 million USD.
Another whale, “0x0ee,” deposited 1.9 million USD in USDC into Hyperliquid and made its first trade on CHIP, with a long position profit of 323k USD, but was partially liquidated during the short position, ultimately closing with a loss of over 1.26 million USD.