Disbanded 3AC co-founder Su Zhu exhibits off his crypto buying and selling acumen

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  • Su Zhu's lengthy ETH place displays an optimistic outlook, whereas his brief positions in POPCAT, TAO, and SUI sign warning.
  • His buying and selling methods have resulted in earnings of over 61.5 million OX and a TVL of over 92 million OX.
  • Su Zhu’s TAO, ETH, and SUI positions made him tens of millions in earnings regardless of small losses within the TON/USD contract.

Sue Chu, co-founder of the now-defunct Three Arrows Capital (3AC), has been gaining consideration for her strategic strategy to crypto buying and selling. Her latest trades embrace each lengthy and brief positions in tokens reminiscent of Ethereum (ETH), POPCAT, TAO, and SUI, indicating a mixture of bullish and bearish views.

Current buying and selling exhibits that Zhū is optimistic in regards to the worth of Ethereum, with a protracted place in Ethereum at a median worth of $2,624.1. Nonetheless, he’s shorting POPCAT, TAO, and SUI at common costs of $1.0098, $566.52, and $1.7377, respectively. These brief positions imply that he expects a possible decline in these tokens, indicating cautious optimism in the case of danger administration.

Additionally learn: Popcat (SOL) POPCAT Value Prediction 2024-2030: Will POPCAT Attain $5 Quickly?

Battle Vault Comparability Reveals Efficiency

You may be taught extra about his buying and selling efficiency within the “Battle Vault” comparability, the place Zhū competed in opposition to one other dealer, KYLE. Zhū Sù's technique generated vital earnings of over 61.5 million OX and a complete worth locked (TVL) of over 92 million OX.

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In distinction, KYLE's bullish technique resulted in a lack of roughly 8 million and a considerably decrease TVL of 18.3 million OX. This comparability exhibits that Zhū Sù has the power to revenue from market circumstances, whereas KYLE's strategy appears much less profitable.

Zhū’s open positions are additional proof of his calculated technique: his lengthy place within the TAO/USD perpetual contract exhibits a revenue of over $12 million, whereas his ETH/USD place has elevated by $13.2 million.

The SUI/USD contract additionally generated a revenue of $11.2 million. Different positions reminiscent of POPCAT and OX confirmed small beneficial properties. The one asset that underperformed was the TON/USD perpetual contract, which noticed a small lack of $223,984.

Total, Zhu's diversified technique has generated vital earnings, and his skillful administration of lengthy and brief positions highlights his adaptability within the risky cryptocurrency market.

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