Whale Investor Faces Significant Losses on GRIFFIN Position (imported from Binance News)

According to PANews, a significant whale investor, identified by the address starting with 0x0af, initially opened a long position on GRIFFIN at a price of $0.249 without leverage. Despite the absence of leverage, the position is currently experiencing an unrealized loss of approximately $550,000 due to subsequent price declines. The monitoring data also revealed that when GRIFFIN's price fell to $0.026, the unrealized loss on this position peaked at around $1 million. Nevertheless, the whale investor has not closed the position and continues to hold the losing long position.
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According to PANews, a significant whale investor, identified by the address starting with 0x0af, initially opened a long position on GRIFFIN at a price of $0.249 without leverage. Despite the absence of leverage, the position is currently experiencing an unrealized loss of approximately $550,000 due to subsequent price declines.

The monitoring data also revealed that when GRIFFIN’s price fell to $0.026, the unrealized loss on this position peaked at around $1 million. Nevertheless, the whale investor has not closed the position and continues to hold the losing long position. Read More (Note: This news is imported from Binance news)