A trader shorted 28.85 million CHIP tokens in the past three hours, worth approximately $2.43 million.
According to on-chain analytics platform Lookonchain (@lookonchain), trader 0x5c26 is shorting CHIP, a token newly launched yesterday. Over the past three hours, this trader has established a short position of 28.85 million CHIP tokens, valued at approximately $2.43 million. Additionally, the trader holds 1,400 short positions in xyz:SP500, valued at approximately $9.94 million.