Trader's clearance stop loss for Meme coin: 'I'm stepping into Malaysia' loses nearly 45%

On January 12th, financial institution Jefferies released a report lowering its Coinbase target price from $367 to $268.

According to Hyperbot data, Huang Licheng created multiple HYPE and ZEC orders 40 minutes ago, with holdings of 20888.88 HYPE (approximately $508500) and 1288.88 ZEC (approximately $517400), respectively. At the same time, its ETH multi order (25 times leverage) has increased its holdings to 10900 ETH, with a total size of approximately 33.91 million US dollars. At present, the overall position size is about 34.97 million US dollars, with a floating loss of 260900 US dollars.

On January 12th, according to Hyperinsight monitoring, a new BTC short position was created at address 0x8d0E and quickly rolled over. The address opened 69.34 BTC short positions at a price of approximately $91091.7, and increased its holdings by 31.56 BTC short positions when the price fell about 4 minutes later, with a total value of approximately $2.842 million. After rolling out the position, the total BTC short position size reached 9.1553 million US dollars, with an average position price of 91022.30 US dollars. The current floating profit is about 28900 US dollars, and the liquidation price is 146687.61 US dollars.

On January 12th, according to Hyperinsight monitoring, the address 0x8d0E conducted a roll over operation on FET long orders at noon, increasing its holdings by about 1.41 million FETs with a value of about $462000. After completing the roll over, the total position size of FET long orders increased to $2.314 million, with a current floating profit of about $47200 and a yield of 10.21%. Subsequently, the address closed all FARTCOIN long positions, with a previous position size of approximately $1.255 million. This address is known for its high-frequency and aggressive long trades, with over 30 positions opened since the market fell in October last year, showing an overall loss characteristic.

On January 12th at 16:30 (UTC+8), the onshore Chinese yuan closed at 6.9742 against the US dollar, up 79 points from the previous trading day.