Skill Meets Leverage in Bold Bitcoin Trade
On January 21, market tracking revealed a high-conviction short position on Bitcoin, with a trader deploying 40x leverage to short 40.81 BTC at an average entry of $89,435.4. While currently down by $3,000, the move underscores aggressive yet calculated risk-taking in a volatile market.
A Track Record of Consistent Gains
The wallet behind this trade has executed 198 transactions to date. Out of these, 193 were closed in profit, with only 5 resulting in losses totaling $5,195.36. This near-flawless execution highlights superior discipline and timing in dynamic market conditions.
Over $366,800 in Cumulative Profits
In an environment where high leverage often leads to blowups, this trader has amassed a total profit of $366,800. The strategy blends aggression with precision, offering insights for both novice and experienced traders navigating crypto markets.
- Leverage Used: 40x
- Short Position: 40.81 BTC
- Average Entry: $89,435.4
- Current Status: Minor unrealized loss
- Trade History: 198 trades, over 97% win rate