~$16.5M in long positions, SmartX CEO faces ~$2M unrealized loss on Binance

Odaily Report: On-chain analyst Yu Jin posted on X platform that the SmartX CEO claims to hold long positions worth approximately $16.5 million on Binance, currently facing an unrealized loss of about $2 million; among them, the BTC and ETH long positions were opened at $82,066 and $2,524, respectively. Yu Jin noted that based on the entry prices, these long positions may have been established after the price decline around October 10; the SmartXTerminal mentioned by the SmartX CEO is a social trading app set to launch this month.