Crypto KOL 0xSun is long on silver with a floating loss of approximately $200,000, with an average entry price of $86.38

BlockBeats News, February 2nd, according to Coinbob Popular Address Monitor, well-known crypto KOL 0xSun (X: 0xSunNFT) is currently long xyz:SILVER (Silver Mapping Contract) with 4x leverage, with an unrealized loss of $190,000 (-11%). The previous average entry price was around $86.38, the current position size is 50,000 tokens, equivalent to $4.18 million, with a liquidation price of $47.47. It is reported that on January 31st, the address deposited around $2 million to Hyperliquid and subsequently used it to establish this silver long position.

0xSun is recognized as one of the "Smart Money" in the Chinese crypto community. He has made a name for himself as early as the NFT craze period and has made huge profits in meme coin trading. Currently, he has over 200,000 followers on Platform X. It is reported that his current operation may be to earn funding rates by establishing a long position on Hyperliquid, with the current funding rate settlement reaching $4800.