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A historically loss-making address with over $9.9 million in losses is betting on multiple NBA events, with current positions showing significant unrealized gains.
Odaily Planet Daily reports that on-chain data monitoring shows that a certain address (0x492442eab586f242b53bda933fd5de859c8a3782) currently holds positions in multiple NBA-related prediction markets, mainly focusing on over/under and point spread markets. Among them, the “Trail Blazers vs. Pacers” total points Over 231.5 position has a current price of 96¢, with a position value of approximately $462,500 and an unrealized profit of about $212,200; the “Raptors -7.5” position has an unrealized profit of about $78,400; and the “Warriors vs. Celtics” total points Over 216.5 has an unrealized profit of about $44,300.
At the same time, the address shows unrealized losses in the “Celtics -11.5” opponent position and the “Hawks -8.5” position, with losses of approximately $50,000 and $9,455 respectively.
The total current position value of this address is about $1.8 million, but its cumulative profit and loss history is -$9,927,000, remaining in an overall loss state.