Ethereum

bullish

Popcat (SOL)

Acumen

POPCAT

<ul class="wp-block-list news-points">
 <li><strong>Su Zhu’s long ETH position reflects optimism, while shorts on POPCAT, TAO, and SUI show caution.</strong></li>
 <li><strong>His trading strategy has led to over 61.5M OX in profits and a TVL above 92M OX.</strong></li>
 <li><strong>Su Zhu’s TAO, ETH, and SUI positions yielded millions despite a minor TON/USD contract loss.</strong></li>
</ul>
<p>Su Zhu, co-founder of the now-defunct Three Arrows Capital (3AC), is drawing attention for his strategic approach to cryptocurrency trading. His most recent trading included both long and short positions across tokens, including Ethereum (ETH), POPCAT, TAO, and SUI, demonstrating a mix of bullish and bearish views.</p>
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   <p lang="en" dir="ltr">sold 50% of tao, sui, popcat for more eth <a href="https://t.co/HrLEkUmzIO" target="_blank" rel="noopener noreferrer nofollow">https://t.co/HrLEkUmzIO</a> <a href="https://t.co/QAH45Jod75" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/QAH45Jod75</a></p>— 朱溯 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f402.png" alt="🐂" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@zhusu) <a href="https://twitter.com/zhusu/status/1838888206835871999?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 25, 2024</a>
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<p>Recent trades show Zhū taking a long position on Ethereum at an average price of $2,624.1, suggesting optimism on its price. However, he shorted <a href="https://coinedition.com/popcat-popcat-outperforms-market-gains-5-ahead-of-kraken-listing/" rel="noopener noreferrer nofollow">POPCAT</a>, TAO, and SUI at average prices of $1.0098, $566.52, and $1.7377, respectively. These short positions means he expects a potential decline on these tokens, in turn showing his cautious optimism when it comes to risk management.</p>
<p class="has-text-align-center"><strong>Read also: <a href="https://coinedition.com/popcat-sol-price-prediction/" rel="noopener noreferrer nofollow">Popcat (SOL) POPCAT Price Prediction 2024-2030: Will PO…</a></strong></p>
<p>The post <a href="https://coinedition.com/su-zhu-co-founder-of-defunct-3ac-shows-off-his-crypto-trading-acumen/" rel="noopener noreferrer nofollow">Su Zhu, Co-Founder of Defunct 3AC, Shows off His Crypto Trading Acumen</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Su Zhu, Co-Founder of Defunct 3AC, Shows off His Crypto Trading Acumen

Coin Edition

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