Trader Opens $2.43M Short Position on CHIP Within 3 Hours of Token Launch

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CHIP53,64%

Gate News message, April 22 — According to Onchain Lens, a trader with address starting with 0x5c2 has opened a short position on CHIP, which launched yesterday. Over the past 3 hours, the address accumulated 28.85 million CHIP tokens, valued at approximately $2.43 million.

The same address also holds a 1,400-unit short position in xyz:SP500, worth approximately $9.94 million.

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