Two whale accounts placed 80 buy orders on SNDK early on Oct. 8, according to TradingBeats, with a combined size of 6,602.84 units and a planned value of about $11.0328 million. The orders span prices from $1,650 to $1,686.1.
Roughly $8 million of the bids sit between $1,664 and $1,680 and belong to an account that currently holds no SNDK position. If those orders are filled, the account would open a fresh long position. TradingBeats identified that wallet as 0x4e23 and said it had earlier taken substantial profit on a large DRAM short.
Another roughly $3.0328 million in buy orders came from an existing SNDK long holder, wallet 0x469e. TradingBeats said the account currently holds an SNDK long position worth about $18.09 million, with an average entry price of $1,815 and an unrealized loss of about $1.2882 million.
Two whale accounts placed 80 buy orders on SNDK early on Oct. 8, according to TradingBeats. The combined orders total 6,602.84 units and are worth about $11.0328 million, with prices ranging from $1,650 to $1,686.1.
How the orders are split
About $8 million of the bids are concentrated between $1,664 and $1,680. TradingBeats said the account behind those orders currently has no SNDK position, so any fills would open a new long. The wallet was identified as 0x4e23, which had earlier taken substantial profit on a large DRAM short position the same day.
Another roughly $3.0328 million in buy orders came from an existing SNDK long holder. Those orders also cover the $1,650 to $1,686.1 range. TradingBeats identified that wallet as 0x469e.
Existing position
TradingBeats said 0x469e currently holds an SNDK long position worth about $18.09 million, with an average entry price of $1,815 and an unrealized loss of about $1.2882 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
