【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, took a profit of $6,292, and immediately exited. 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, securing $2,642 from a 14-minute long position.
These short-term trades look good, but the real "big one" is 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—an 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 was instead...