On-chain analyst Ember said in a post on X that the CEO of SmartX claimed to be holding long positions on Binance worth about $16.5 million, with unrealized losses currently standing at around $2 million. The disclosed entry prices for the positions were $82,066 for Bitcoin and $2,524 for Ether. Ember added that, based on those entry levels, the longs may have been opened after a decline around Oct. 10. The SmartX CEO also said that SmartXTerminal, described as a social trading app, is scheduled to launch later this month. The post did not provide additional details on the size of each BTC and ETH position or the timing of any later adjustments.
Odaily reported that on-chain analyst Ember said in a post on X that the CEO of SmartX claimed to be holding long positions on Binance worth about $16.5 million, with current unrealized losses of roughly $2 million.
The entry prices disclosed for the BTC and ETH longs were $82,066 and $2,524, respectively.
Ember said the positions may have been built after a drop around Oct. 10, based on those entry levels. The SmartX CEO also said SmartXTerminal is a social trading app set to launch later this month.
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