【Crypto World】A well-known trader’s recent moves can be described as “quick and nimble.” Nine hours ago, he flashed into a BTC long position in 13 minutes, taking a profit of $6,292 and immediately exiting. Then he made two consecutive ZEC trades, using ultra-short-term combos of 4 minutes and 17 minutes, earning another $2,982. HYPE also didn’t miss out, with a 14-minute long position capturing $2,642.
These short-term trades look good, but the real “big head” is in ETH. His ETH long position has already expanded to 4,000 coins, with a current market value of about $11.32 million. The problem is, this large position is currently at a loss—unrealized loss of $410,000.
Even more heartbreaking is that from 20:37 last night to 03:52 this morning, through repeated adding and reducing positions in ETH, he lost a total of $359,000. It seems he was trying to lower his average cost, but the result only worsened. This series of actions clearly shows that even experienced traders can fall into a passive situation when subjective predictions don’t match actual market fluctuations.
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Traders frequently make short-term moves, with long ETH positions deeply trapped — Position Tracking
【Crypto World】A well-known trader’s recent moves can be described as “quick and nimble.” Nine hours ago, he flashed into a BTC long position in 13 minutes, taking a profit of $6,292 and immediately exiting. Then he made two consecutive ZEC trades, using ultra-short-term combos of 4 minutes and 17 minutes, earning another $2,982. HYPE also didn’t miss out, with a 14-minute long position capturing $2,642.
These short-term trades look good, but the real “big head” is in ETH. His ETH long position has already expanded to 4,000 coins, with a current market value of about $11.32 million. The problem is, this large position is currently at a loss—unrealized loss of $410,000.
Even more heartbreaking is that from 20:37 last night to 03:52 this morning, through repeated adding and reducing positions in ETH, he lost a total of $359,000. It seems he was trying to lower his average cost, but the result only worsened. This series of actions clearly shows that even experienced traders can fall into a passive situation when subjective predictions don’t match actual market fluctuations.