Whales Experience Significant Losses in CHIP Trading

According to Foresight News, Onchain Lens monitoring has revealed significant trading activity involving CHIP by major investors over the past 24 hours. One large investor opened a triple short position on CHIP, resulting in an unrealized loss exceeding $1.7 million. Another major investor deposited 1.9 million USDC and engaged in CHIP trading for the first time. Initially, this investor made a profit of $323,000 from a long position but subsequently faced partial liquidation on a short position, ultimately closing with a loss of over $1.26 million.