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SmartX CEO says $16.5m long position on Binance is about $2m underwater

NewsFeeds update

SmartX's CEO says a long position worth about $16.5m on Binance is showing an unrealised loss of about $2m, with BTC and ETH longs opened at $82,066 and $2,524, on-chain analyst Yu Jin said. Yu Jin said the entries suggest the positions were opened after the drop around 10 October.

BitcoinOdailyAIBearish

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.