New wallet constantly flipping Long/Short $ETH , has made over 3.65 million USD
On-chain data shows a newly created wallet with an address starting with "0xa2e" that is continuously switching trading strategies between Long and Short at a notable frequency.
Recently, this wallet opened a Short position of 23,205 ETH with 20x leverage, totaling around 39 million USD.
Current data indicates that the wallet's dynamic trading chain has yielded over 3.65 million USD in profit.
The constant flip between Long and Short instead of sticking to a single trend shows that the owner is reacting swiftly to short-term market fluctuations, leveraging high multipliers to maximize profits.
The moves of such large-scale trading wallets always attract the community's attention, but it's important to note that this is merely the activity of an individual or organization and should not be seen as a confirmation signal for the overall market trend.
On-chain data shows a newly created wallet with an address starting with "0xa2e" that is continuously switching trading strategies between Long and Short at a notable frequency.
Recently, this wallet opened a Short position of 23,205 ETH with 20x leverage, totaling around 39 million USD.
Current data indicates that the wallet's dynamic trading chain has yielded over 3.65 million USD in profit.
The constant flip between Long and Short instead of sticking to a single trend shows that the owner is reacting swiftly to short-term market fluctuations, leveraging high multipliers to maximize profits.
The moves of such large-scale trading wallets always attract the community's attention, but it's important to note that this is merely the activity of an individual or organization and should not be seen as a confirmation signal for the overall market trend.