Crypto KOL CBB Takes Profit at $9M on-chain Short Position of US Stock, Holding previously focused on today's leading storage sector downturn
BlockBeats News, February 5th, according to Coinbob Popular Address Monitor data, amid the recent global asset pullback and the downturn of the U.S. stock storage sector, crypto KOL CBB's address (0xEFd3...) has been consistently taking profits from its on-chain short positions in U.S. stocks and commodities, with daily profits reaching $1.4 million. The total position of the account has decreased from around $41 million yesterday to $31.2 million, with a total cumulative closing size of about $9 million.
Its recent positions are mainly focused on shorting the semiconductor storage sector, including INTC (Intel), SNDK (SanDisk), and MU (Micron), with significant profit-taking during today's decline and partial unwinding. Currently, its main positions are as follows:
xyz:INTC (3x short): Position size around $6.77 million, average price $49, liquidation price around $62.7, profit $8,000.
xyz:SDK (3x short): Position size around $5.09 million, average price $660, liquidation price around $839, profit $480,000.
xyz:MU (3x short): Position size around $4.32 million, average price $419, liquidation price around $535, profit $360,000.
Crypto KOL CBB (X:Cbb0fe) is a veteran trader and on-chain player with approximately 100,000 followers on Platform X. They gained widespread attention for organizing the public hunt of a billion-dollar BTC short whale 25 years ago and are currently actively trading commodities on Hyperliquid, primarily focusing on short positions.
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.
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