"Calm Order King" strikes again: $2 million Heavy Position shorting BTC, can it turn around this time?

Question

The guy called "Calm Order King" has made a move again.In the past half hour, this address continued to increase its BTC short position and simultaneously opened a new MON short position. Now it holds about 2 million USD in BTC short positions, with a paper profit of 20,000 USD (yield 45%).The timeline goes back from last night to early this morning - he closed all his long positions in BTC and SOL, making a small profit of 30,000 USD before leaving. Then he turned around and shorted BTC at 91,400 USD and SOL at 138 USD. Part of this short position has already been closed with a profit, cashing in 58,000 USD.What&#39;s even harsher is that starting from November 27, he has successively invested another $200,000 into Hyperliquid. The current total position size is about 2 million, with an account balance of 380,000. Current main positions: $2 million BTC short position with 40x leverage, and $490,000 MON short position with 5x leverage.Reviewing the "highlights" of this address: entering the market in September with a principal of 3 million, it once made over 30 million in two months, with paper profits nearly reaching 10 million but refusing to close positions. What was the result? It faced five rounds of large liquidation in a row, with actual losses exceeding 18 million. Once a market focal point due to multiple precise timing, recent missteps have seen total profits eroded by more than half.

BankruptcyArtist · Accepted Answer

You really are "calm," huh? You put in 2 million and only made a 20,000 profit—I'm getting anxious for you!

ImpermanentPhilosopher · Answer

Ha, this guy is playing with fire again, holding a 2 million short position just for that 20,000 unrealized profit?

---

Earned 30 million and gave back most of it, this pace is truly absurd.

---

High leverage makes you earn fast but lose even faster, I've seen too many cases like this.

---

The nickname "Calm" is really ironic, doubling down is just irrational.

---

From 30 million in two months to now, I can imagine his expression right now.

---

Still holding a short position, can he really turn it around this time? I doubt it.

---

Another trader ruined by leverage, what a pity.

SerumSquirrel · Answer

From 30 million to now like this, it&#39;s really a big rise and fall. If the 2 million Short Position gets dumped again, I would go crazy.

BTCBeliefStation · Answer

30 million made down to half, is this called "calm"? Ha

PaperHandSister · Answer

Ha, why is this guy still going back and forth? 200 million Short Position only makes 20,000, is this called unrealized gains?

---

30 million has now experienced a 50% Slump, high leverage is really so exciting...

---

I just want to know how to increase positions in the next wave

---

Clearing positions and taking the opposite position, this rhythm is indeed amazing

---

Shorting can still hold on until now, I really admire it.