Crypto influencer 0xSun is experiencing a $190,000 floating loss on a leveraged long position in a silver-mapping contract, according to Coinbob Hot Address Monitoring. The position, taken with 4x leverage, was entered at an average price of $86.38 and currently stands at 50,000 units, valued at approximately $4.18 million. The liquidation price is set at $47.47.
0xSun, known for his strategic moves in the crypto space, deposited around $2 million into Hyperliquid on January 31 to establish this position. With over 200,000 followers, 0xSun is a prominent figure in the Chinese crypto community, having gained recognition during the NFT boom and achieving significant profits in meme coin trading.
Crypto KOL 0xSun Faces $190,000 Loss on Silver Long Position
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