Crypto Live News
Author: Elena R
Author: Elena R
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Jun 11, 2024 8:33
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
In the last four days, Keith Gill, aka The Roaring Kitty, lost over $350 million on his GameStop position. Just last Thursday, Gill was riding high with $382 million in profit from options placed on GME. On Friday, Gill lost over $235 million on his GME position. On Monday, it further slipped 12% after dropping 40% in the hours just before the weekend. The price movement has wiped out nearly all of Gill’s recent gains. In the last week alone, he lost about $351 million in profit since the previous week.
