PANews reported on December 10 that, according to on-chain analyst Yu Jin, with the rise of ETH in the early morning, Ma Ji (Huang Licheng)'s ETH long positions now have a floating profit of $1.35 million, while his profits from the previous few days have been liquidated.
His recent long position has been a rollercoaster ride: he started rolling over his ETH position at $2,840 on the 2nd, and made a profit of $2.84 million by the 4th. A small pullback on the 6th wiped out all his profits, forcing him to liquidate his position. Today's ETH rebound has brought his position back to a floating profit of $1.35 million.


Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products. Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases.The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate purposes, including, among other things, the acquisition of Bitcoin and Bitcoin-related products and for working capital.”It also intends to purchase “income-generating assets” to grow the company’s business, but did not specify which. Read more