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Strike Gold by Sharing Your TradFi Orders and Pictures!
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Details: https://www.gate.com/announcements/article/47889
Trader with an 83% win rate just recorded a loss of 3.4 million USD when closing a short position on ETH
According to Lookonchain, one hour earlier, the address pension-usdt.eth (0x367…D17) - a trader with an impressive activity history - decided to close their short position on Ethereum, incurring a loss of up to $3.4 million.
Detailed statistics show that throughout this trading journey, the trader executed approximately 70 orders with a high accuracy rate. The win rate reached 83% - a remarkable figure, marking long-term success in the market. The total accumulated profit from these trades amounts to $21.84 million.
This event demonstrates that even experienced traders with high win rates can face significant losses. Currently, Ethereum is trading at $3.22K, and the market continues to experience notable volatility.