BERA fund movement overview: whale high leverage bet, Su Zhu position squaring ETH, foundation airdrop release
西格玛学长2025/02/12 05:57
Recently, the volatility of the BERA market has intensified, and the game between bulls and bears has accelerated. According to Nansen monitoring data, a whale account suspected to be Arca currently holds HYPE of 21.30 million USD and has established a 5x leverage long position on BERA with 8.80 million USD, showing a strong bet on the price of BERA.
At the same time, Su Zhu, co-founder of Three Arrows Capital, has announced a short position squaring BERA and redirected funds to go long on ETH, which may mean that his judgment on the short-term pullback of BERA has been realized and funds have flowed to other assets.
In addition, the Berachain Foundation announced on the X platform that the RFB and Social airdrops are now available for collection, and clearly emphasized that this part of the airdrop has been included in the original circulation supply and will not have any additional impact on the circulation supply of BERA. However, the market still needs to pay attention to the impact of large-scale airdrops on the price fluctuations of BERA in the short term.
Multiple funds are dynamically intertwined, and the BERA market is in a critical game stage. Investors need to closely monitor the subsequent capital movements.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
BTC falls below 84,000 US dollars
Bitget•2025/03/14 23:52
Overview of important developments overnight on March 15th
Bitget•2025/03/14 23:35
Analysis: On-chain data shows that $1,870 is the strongest support level for ETH
Bitget•2025/03/14 23:28
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$84,298.62
+3.57%

Ethereum
ETH
$1,914.49
+2.20%

Tether USDt
USDT
$1.0000
+0.05%

XRP
XRP
$2.37
+4.85%

BNB
BNB
$590.46
+1.50%

Solana
SOL
$133.62
+7.49%

USDC
USDC
$0.9999
-0.00%

Cardano
ADA
$0.7432
+5.34%

Dogecoin
DOGE
$0.1725
+3.38%

TRON
TRX
$0.2219
-1.72%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now