PANews March 13th news, according to Yu Jin monitoring, the "swing tradingWhale" which was once known for its high swing trading success rate of 81% has recently changed its trading style significantly, shifting from the previous conservative swing trading to high-frequency trading, often switching long and short positions multiple times in a day. However, this frequent trading has not brought profits but instead performed poorly.
Currently, the 'swing trading Whale' appears to have suspended operations. On March 4th, he spent 58.38 million USDT to purchase 679 WBTC at an average price of $85,964 and 8.8 million USDT to purchase 4,212 ETH at an average price of $2,090. As of now, these positions are at a floating loss of approximately $2.74 million.
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Whale, with an 81% win rate in swing trading, has purchased $67.18 million worth of ETH and BTC, which has now incurred a loss of $2.74 million.
PANews March 13th news, according to Yu Jin monitoring, the "swing tradingWhale" which was once known for its high swing trading success rate of 81% has recently changed its trading style significantly, shifting from the previous conservative swing trading to high-frequency trading, often switching long and short positions multiple times in a day. However, this frequent trading has not brought profits but instead performed poorly. Currently, the 'swing trading Whale' appears to have suspended operations. On March 4th, he spent 58.38 million USDT to purchase 679 WBTC at an average price of $85,964 and 8.8 million USDT to purchase 4,212 ETH at an average price of $2,090. As of now, these positions are at a floating loss of approximately $2.74 million.