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.
sold 50% of tao, sui, popcat for more eth https://t.co/HrLEkUmzIO pic.twitter.com/QAH45Jod75
— 朱溯(@zhusu) September 25, 2024
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.
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ETH Price Could Dip Below $1,500 as Ethereum ETFs Suffer Record Outflows
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.
sold 50% of tao, sui, popcat for more eth https://t.co/HrLEkUmzIO pic.twitter.com/QAH45Jod75
— 朱溯
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 More