BlockBeats News, January 6 — According to Coinbob’s hot address monitoring, “100% Win Rate Low Drawdown” currently holds a 20x leveraged BTC short position with an average price of $91,900, with an unrealized loss of 36%. Previously, 100 pyramid-style short orders were set in the range of $9,020 to $9,420, all of which were fully executed today. The address further densely arranged about 100 buy orders between $8,000 and $8,700, and plans to close the short and go long when the price drops to $82,152 (touching the 68th buy order). Since January this year, this address has accumulated a profit of $260,000 with an initial capital of about $50,000, completing 82 opening and closing trades, with a monthly win rate and overall win rate both exceeding 80%. Its trading style leans towards a pyramid-style hedge grid strategy: layering buy and sell orders within set price ranges, gradually building positions and taking profits in a pyramid manner, profiting from repeated oscillation spreads rather than betting on a single direction. Well-known trader “Paul Wei,” who uses a similar strategy, has chosen a more conservative approach, using only 2x leverage to pursue stable returns. The two previously reached a consensus when short positions triggered. Currently, its long BTC position has a floating profit of 10%, with an average price of $88,800, and has partially taken profit today. Its buy and sell order trigger ranges have been adjusted to $89,700 to $94,800 today. Since November 16, this trader has accumulated a profit of $4,100.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Sits at a Crucial Support Level, Analyst Expects Break Above $79,000 or Below $64,000
Bitcoin sits at a crucial support level, big move could play out soon.
Analyst expects break above $79,000 for bullish reaction.
A bearish reaction and a drop below $64,000 could also play out.
This week was an exciting one for the
CryptoNewsLand4m ago
Bhutan’s $BTC Holdings Squeeze As Government Shifts 319.7 $BTC
The Royal Government of Bhutan has transferred 319.7 BTC, totaling $22.68M, continuing a trend of selling off Bitcoin since October 2024. Total sales have reached $640M, indicating a significant policy shift in asset management.
BlockChainReporter12m ago
Crypto Market Bottoming Signals: Tom Lee’s Latest Views and On-Chain Data Verification
Tom Lee says the market has shown clear bottoming signals and he continues to be bullish on Ethereum and Bitcoin. This article combines on-chain data with Gate market data to provide an in-depth analysis of this latest view from the Wall Street analyst.
InstantTrends24m ago
Michael Saylor: Bitcoin may already have bottomed out near $60k, and the risk from quantum computing is theoretical in nature
Gate News message, on April 9, Strategy Executive Chairman Michael Saylor said that Bitcoin may have already bottomed out around $60k, as forced sellers have been gradually exiting the market. Saylor also expressed a cautious view of the security threat posed by quantum computing, saying that the relevant risks are still at a “theoretical level,” and that he believes the issue can be properly addressed in the future without overreacting.
GateNews44m ago
Adam Back Refutes Being Mysterious Bitcoin Creator, Satoshi Nakamoto
The New York Times has named Adam Back as a potential candidate for Satoshi Nakamoto, the creator of Bitcoin, based on a year-long investigation. Back denies being Satoshi, and while evidence links him to Bitcoin's origins, claims remain speculative, continuing the debate on the implications of Nakamoto's anonymity.
BlockChainReporter51m ago
Cloudflare Targets 2029 for Quantum-Safe Internet as Threat to Bitcoin Looms
In brief
Cloudflare aims to make its platform fully post-quantum secure by 2029.
New quantum research is compressing security timelines across the tech industry.
The same cryptographic math protects internet
Decrypt1h ago
