Unraveling the Delta-Neutral Strategy: How a 0x20c…4f5 Address 50x Shorted 30,000 ETH
The post Unraveling the Delta-Neutral Strategy: How a 0x20c…4f5 Address 50x Shorted 30,000 ETH appeared on BitcoinEthereumNews.com.
On January 5th, COINOTAG reported significant activity linked to a 0x20c…4f5 address, which executed a 50x short on 30,000 ETH, valued at approximately $110 million, via the Hyperliquid platform. This transaction appears to be part of a delta-neutral short hedge strategy employed by ResolvLabs, rather than the actions of an individual investor or whale. Notably, this address has conducted multiple transactions with Resolv’s 0xacB…b8e contract address and utilizes a common deposit address on Binance. According to Resolv’s comprehensive whitepaper, their approach to achieving delta neutrality involves short-selling ETH through perpetual contracts as a hedging mechanism. This indicates that the 0x20c…4f5 address likely serves as the operational hub for Resolv’s hedge executions, reflecting a tactical movement in the increasingly complex landscape of crypto trading strategies. As the market evolves, understanding these strategic maneuvers becomes crucial for investors looking to navigate the volatile world of digital assets. Source: https://en.coinotag.com/breakingnews/unraveling-the-delta-neutral-strategy-how-a-0x20c-4f5-address-50x-shorted-30000-eth/
Filed under: News - @ January 5, 2025 2:18 am