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Brothers, just now on-chain monitoring detected a whale opening a short position on $TON,
When I checked his address, I thought I had gone the wrong way.
It's densely packed with open positions in various coins,
Longs and shorts combined over 100,
After a long search, I finally found information about TON.
👇
The most outrageous thing is checking his trading records—
This guy is actually a swing trader with a light position!
From losing $43 million in December 2024,
To now turning losses into profits,
Total profit of $200 million.
---
Figure 1: TON Short Position Details
· Shorted 299k TON tokens
· 10x full margin, entry price $2.38
· Margin only $70.2k
· Current value $702.3k
· Unrealized profit/loss +$9,808
· Funding fee +$4,222 (annoying)
· Liquidation price $90.74 — impossible to be liquidated, pure money-making strategy
---
Figure 2: Total Profit and Loss
💰 Total profit $299k
📉 24-hour floating loss $1.93 million
📉 7-day floating loss $3.83 million
This kind of drawdown is nothing to him.
---
The world is just a huge makeshift stage.
You think whales are all long-term value investors?
They do light positions swing trading + hedge with over 100 coins + collect funding fees,
Losing $43 million still can turn around and make $200 million.
Whale swing trading, also crazy. 🐳💨
$TON