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- Su Zhu’s lengthy ETH place displays optimism, whereas shorts on POPCAT, TAO, and SUI present warning.
- His buying and selling technique has led to over 61.5M OX in earnings and a TVL above 92M OX.
- Su Zhu’s TAO, ETH, and SUI positions yielded hundreds of thousands regardless of a minor TON/USD contract loss.
Su Zhu, co-founder of the now-defunct Three Arrows Capital (3AC), is drawing consideration for his strategic strategy to cryptocurrency buying and selling. His most up-to-date buying and selling included each lengthy and brief positions throughout tokens, together with Ethereum (ETH), POPCAT, TAO, and SUI, demonstrating a mixture of bullish and bearish views.
Current trades present Zhū taking an extended place on Ethereum at a mean value of $2,624.1, suggesting optimism on its value. Nonetheless, he shorted POPCAT, TAO, and SUI at common costs of $1.0098, $566.52, and $1.7377, respectively. These brief positions means he expects a possible decline on these tokens, in flip displaying his cautious optimism in relation to threat administration.
Learn additionally: Popcat (SOL) POPCAT Worth Prediction 2024-2030: Will POPCAT Hit $5 Quickly?
Battle Vault Comparability Highlights Efficiency
A “Battle Vault” comparability, the place Zhū competed towards one other dealer, KYLE, gives additional particulars on his buying and selling efficiency. Zhū Sù’s technique generated a considerable revenue of over 61.5 million OX and a complete worth locked (TVL) exceeding 92 million OX.
In distinction, KYLE’s bullish technique resulted in a lack of nearly 8 million, with a considerably decrease TVL of 18.3 million OX. This comparability exhibits Zhū Sù’s capability to revenue from market situations, whereas KYLE’s strategy seems much less profitable.
Zhū’s open positions additional illustrate his calculated technique. His lengthy place within the TAO/USD perpetual contract exhibits a revenue of over 12 million, whereas the ETH/USD place is up 13.2 million.
His SUI/USD contract has additionally generated a revenue of 11.2 million. Different positions, equivalent to POPCAT and OX, present modest good points. The one underperforming asset is the TON/USD perpetual contract, with a small lack of 223,984.
Total, Zhū’s diversified technique has led to vital earnings, together with his skillful administration of lengthy and brief positions highlighting his adaptability within the risky cryptocurrency market.
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