Trader 0x5c26 Shorts $CHIP: Down $1.82M | Flash News Detail | Blockchain.News
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4/23/2026 1:41:00 AM

Trader 0x5c26 Shorts $CHIP: Down $1.82M

Trader 0x5c26 Shorts $CHIP: Down $1.82M

Trader 0x5c26 holds 34.5M $CHIP short worth $4.75M, facing $1.82M losses with liquidation at $0.217 amid crypto market volatility.

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Persistent short seller 0x5c26 ramps up bets against $CHIP, now holding a massive 34.5M $CHIP position valued at $4.75M that's already bleeding $1.82M in unrealized losses. Liquidation looms at $0.217, spotlighting risks in the volatile crypto market crash environment where CHIP price prediction models clash with broader AI industry impact from trends like Bitcoin surges and TAO ecosystem shifts over the past six months. Traders eye this as a high-stakes play echoing recent BTC short squeezes that crushed similar positions.


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