gambler

According to monitoring by Lookonchain, Gambler (0x01e2...e977) has been liquidated 6 times in the past 12 hours, with a total liquidation of 404.86 BTC, worth approximately 28.9 million USD.Currently, it still holds 143.84 BTC in long positions, worth approximately 10.2 million USD, with a new liquidation price of 70712.57 USD.

According to Bloomberg, Hock Tan, CEO of chip company Broadcom, stated at an event in Singapore on Monday that the artificial intelligence craze has attracted a group of investors with strategies similar to gamblers, some of whom have little understanding of what they are betting on. He mentioned that many investors "don't even know what they are investing in," setting extremely high expectations, resulting in a situation that is "almost like being in a casino," and specifically pointed to the investment frenzy driven by a lack of understanding of cutting-edge large language models.As the head of a company that designs key components for global data centers, Tan also questioned whether companies are wasting money on AI projects and the long-term economics of AI labs that are continuously losing money. He noted that ChatGPT developer OpenAI's annualized revenue reached $50 billion in September, indicating a viable model, but it does not guarantee long-term profitability; it is still losing money due to high training costs, and currently only suggests that cutting-edge generative models have significant potential revenue growth.Tan also warned that a lack of capital could become the next constraint on industry growth. The Australia-based data center company Firmus Grid, supported by Nvidia, withdrew its planned $5.5 billion IPO last week. Before Tan's remarks, DBS Group CEO Tan Su Shan stated that after a large amount of investment, the market is re-pricing the risks associated with AI financing.

According to monitoring by Lookonchain, Gambler (0x66f8...a75a) continues to increase its short position in Bitcoin, with the short position growing to 2,136 Bitcoins, worth $136 million, making it the largest Bitcoin short position on the chain; the liquidation price is $64,592.3.

According to monitoring by lookonchain, three days ago, the "gambler" address 0xD835 boldly shorted ETH using 3 million USDC, and its ETH short position currently has an unrealized profit of over 1.83 million dollars.Meanwhile, he further increased his bet by opening a new BTC short position with 40x leverage, with a position size of 323 BTC (approximately 30 million dollars).

According to Onchain Lens monitoring, the ZEC short position held by a "gambler" associated with Roobet and Stake.com in 4 wallets has been completely liquidated, with total account losses exceeding 10.4 million dollars.They opened a short position worth 16.75 million dollars in ZEC on November 17, with a liquidation price of 757 dollars.

ChainCatcher news, the encryption security agency Bitrace stated that after analyzing the on-chain records of the cryptocurrency trading platform BKEX, it has flagged 5 Trc20-USDT hot wallet addresses, 522 user risk addresses' fund flows, and 6,591 user unknown risk addresses' fund flows.In the past year, the five main BKEX hot wallet addresses have interacted with over 7,113 user addresses in terms of fund transactions. Among them, 522 are risk addresses, which have transferred funds to BKEX hot wallet addresses in 4,001 transactions, with a total risk fund amount reaching 4.99 million USDT. Additionally, these addresses have indirectly associated with 568 million risk USDT through user addresses, and the risk funds mainly come from online gambling platforms and illegal third-party payment platforms (including 3.61 million USDT from online gambling platforms and gamblers, and 930,000 USDT from illegal third-party payment platforms).Therefore, there is a possibility that BKEX user funds are involved in money laundering, and the platform may cooperate with law enforcement agencies in the investigation, which is consistent with its official announcement. Previous report mentioned that BKEX announced that user funds on the platform are involved in money laundering, and BKEX is currently cooperating with the police to collect evidence. As a result, it will suspend withdrawals to assist in the work. (Source link)