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MainNewsSu Zhu, Co-F...

Su Zhu, Co-Founder of Defunct 3AC, Shows off His Crypto Trading Acumen


by CoinEdition
Su Zhu, Co-Founder of Defunct 3AC, Shows off His Crypto Trading Acumen
  • Su Zhu’s long ETH position reflects optimism, while shorts on POPCAT, TAO, and SUI show caution.
  • His trading strategy has led to over 61.5M OX in profits and a TVL above 92M OX.
  • Su Zhu’s TAO, ETH, and SUI positions yielded millions despite a minor TON/USD contract loss.

Su Zhu, co-founder of the now-defunct Three Arrows Capital (3AC), is drawing attention for his strategic approach to cryptocurrency trading. His most recent trading included both long and short positions across tokens, including Ethereum (ETH), POPCAT, TAO, and SUI, demonstrating a mix of bullish and bearish views.

Recent trades show Zhū taking a long position on Ethereum at an average price of $2,624.1, suggesting optimism on its price. However, he shorted POPCAT, TAO, and SUI at average prices of $1.0098, $566.52, and $1.7377, respectively. These short positions means he expects a potential decline on these tokens, in turn showing his cautious optimism when it comes to risk management.

Read also: Popcat (SOL) POPCAT Price Prediction 2024-2030: Will PO…

The post Su Zhu, Co-Founder of Defunct 3AC, Shows off His Crypto Trading Acumen appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethereum Pectra Upgrade Hits Mainnet—Validator Caps Jump to 2,048 ETH

Ethereum Pectra Upgrade Hits Mainnet—Validator Caps Jump to 2,048 ETH

Ethereum’s long‑awaited Pectra upgrade is live, activating 11 Ethereum Improvement Pr...
Can the Biggest Ethereum Upgrade Since the Merge Spark an ETH Price Rally?

Can the Biggest Ethereum Upgrade Since the Merge Spark an ETH Price Rally?

Ethereum is on the brink of Pectra upgrade (May 7th), its most substantial one since ...
MainNewsSu Zhu, Co-F...

Su Zhu, Co-Founder of Defunct 3AC, Shows off His Crypto Trading Acumen


by CoinEdition
Su Zhu, Co-Founder of Defunct 3AC, Shows off His Crypto Trading Acumen
  • Su Zhu’s long ETH position reflects optimism, while shorts on POPCAT, TAO, and SUI show caution.
  • His trading strategy has led to over 61.5M OX in profits and a TVL above 92M OX.
  • Su Zhu’s TAO, ETH, and SUI positions yielded millions despite a minor TON/USD contract loss.

Su Zhu, co-founder of the now-defunct Three Arrows Capital (3AC), is drawing attention for his strategic approach to cryptocurrency trading. His most recent trading included both long and short positions across tokens, including Ethereum (ETH), POPCAT, TAO, and SUI, demonstrating a mix of bullish and bearish views.

Recent trades show Zhū taking a long position on Ethereum at an average price of $2,624.1, suggesting optimism on its price. However, he shorted POPCAT, TAO, and SUI at average prices of $1.0098, $566.52, and $1.7377, respectively. These short positions means he expects a potential decline on these tokens, in turn showing his cautious optimism when it comes to risk management.

Read also: Popcat (SOL) POPCAT Price Prediction 2024-2030: Will PO…

The post Su Zhu, Co-Founder of Defunct 3AC, Shows off His Crypto Trading Acumen appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethereum Pectra Upgrade Hits Mainnet—Validator Caps Jump to 2,048 ETH

Ethereum Pectra Upgrade Hits Mainnet—Validator Caps Jump to 2,048 ETH

Ethereum’s long‑awaited Pectra upgrade is live, activating 11 Ethereum Improvement Pr...
Can the Biggest Ethereum Upgrade Since the Merge Spark an ETH Price Rally?

Can the Biggest Ethereum Upgrade Since the Merge Spark an ETH Price Rally?

Ethereum is on the brink of Pectra upgrade (May 7th), its most substantial one since ...