- Su Zhu's lengthy ETH place displays optimism, whereas shorts on POPCAT, TAO and SUI present warning.
- His enterprise technique resulted in a revenue of over OX 61.5 million and a TVL of over OX 92 million.
- Su Zhu's TAO, ETH and SUI positions netted tens of millions regardless of minor loss in TON/USD contracts.
Su Zhu, co-founder of the now-defunct Three Arrows Capital (3AC), highlights his strategic strategy to cryptocurrency buying and selling. His latest trades included each lengthy and quick positions throughout tokens, together with Ethereum (ETH), POPCAT, TAO and SUI, exhibiting a mixture of bullish and bearish views.
Latest trades present Zhū taking a protracted place on Ethereum at a median worth of $2,624.1, indicating optimism about its worth. Nonetheless, it shorted POPCAT, TAO and SUI at common costs of $1.0098, $566.52 and $1.7377 respectively. These quick positions imply that he expects a possible decline in these tokens, which in flip reveals his cautious optimism on the subject of danger administration.
Additionally Learn: POPCAT (SOL) POPCAT Worth Prediction 2024-2030: Will POPCAT Attain $5 Quickly?
The Battle Vault comparability highlights the efficiency
A “Battle Vault” comparability the place Zhū competed in opposition to one other dealer, KYLE, offers additional particulars on his buying and selling efficiency. The Zhū Sù technique generated a considerable revenue of over 61.5 million OX and a complete worth locked (TVL) of over 92 million OX.
Conversely, KYLE's bullish technique resulted in a lack of almost 8M with a considerably decrease TVL of 18.3M OX. This comparability reveals Zhū Sù's means to revenue from market circumstances, whereas KYLE's strategy seems to be much less profitable.
Zhu's open positions additional illustrate his calculated technique. His lengthy place within the TAO/USD standing contract reveals a revenue of over 12 million, whereas the ETH/USD place is 13.2 million larger.
His SUI/USD contract additionally generated a revenue of 11.2 million. Different positions, similar to POPCAT and OX, present modest features. The one underperforming asset is the TON/USD standing contract with a small lack of 223,984.
General, Zhu's diversified technique has led to vital features, along with his deft administration of lengthy and quick positions highlighting his adaptability within the unstable cryptocurrency market.
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