Since November 21, an address with a 100% win rate in 7 trades cut losses on a short position, losing $448,000.
According to Jinse Finance, on-chain analyst Ai Aunt (@ai 9684xtpa) monitored that a certain whale's streak of 7 consecutive winning trades since November 21 was interrupted by the latest market rebound. The trader had just closed a short position of 205 BTC yesterday, making a profit of $1,046,000. However, at 3 a.m. that day, the trader opened another short position of 500 BTC when Bitcoin saw a slight decline. Unexpectedly, the market rebounded one hour after opening the position, and the trader was forced to cut losses and exit two hours ago, resulting in a loss of $448,000.
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Since November 21, an address with a 100% win rate in 7 trades cut losses on a short position, losing $448,000.
According to Jinse Finance, on-chain analyst Ai Aunt (@ai 9684xtpa) monitored that a certain whale's streak of 7 consecutive winning trades since November 21 was interrupted by the latest market rebound. The trader had just closed a short position of 205 BTC yesterday, making a profit of $1,046,000. However, at 3 a.m. that day, the trader opened another short position of 500 BTC when Bitcoin saw a slight decline. Unexpectedly, the market rebounded one hour after opening the position, and the trader was forced to cut losses and exit two hours ago, resulting in a loss of $448,000.