According to Mars Finance, on February 5th, Coinbob's hot address monitoring showed that amidst the recent global asset market correction and the leading decline in the US stock storage sector, crypto KOL CBB's address (0xEFd3...) continued to take profits on its on-chain short positions in US stocks and commodities, achieving a daily profit of $1.4 million. Currently, its total account holdings have decreased from approximately $41 million yesterday to $31.2 million, with a cumulative closed position of approximately $9 million. Its recent holdings were mainly concentrated in shorting the semiconductor storage sector, primarily INTC (Intel), SNDK (SanDisk), and MU (Micron). These positions saw significant profit increases during today's decline, and some were gradually closed out. Its main positions are currently as follows: xyz: INTC (3x short): holdings approximately $6.77 million, average price $49, liquidation price approximately $62.7, profit $8,000. xyz:SDK (3x short positions): Position size approximately $5.09 million, average price $660, liquidation price approximately $839, unrealized profit $480,000. xyz:MU (3x short positions): Position size approximately $4.32 million, average price $419, liquidation price approximately $535, unrealized profit $360,000. Crypto KOL CBB (X:Cbb0fe) is a seasoned trader and on-chain player with approximately 100,000 followers on the X social platform. He gained widespread attention in 2005 for publicly organizing the hunt for a massive whale holding hundreds of millions of BTC. Currently, he engages in high-frequency trading of commodities on Hyperliquid, primarily shorting.
Crypto KOL CBB closed out his $9 million short position in on-chain US stocks, with his holdings previously focused on the storage sector, which led the decline today.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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