Aggressive traders cut losses on BTC positions; PUMP and other high-leverage long positions with floating profits exceeding one million

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【Blockchain Rhythm】Well-known trader 0x3bcae was liquidated this morning, with a direct close of 250 BTC long positions, resulting in a loss of $104,000. This guy is famous for being an aggressive long trader, and he didn’t dodge this time either.

Currently, he still holds a significant number of positions, all using high leverage:

First, PUMP coin, entered with 10x leverage, holding over 2.49 million coins, with an average entry price of $0.0024, and an unrealized profit of $790,000. This return is quite impressive.

FARTCOIN is also in his portfolio, similarly with 10x leverage, over 15 million coins, with an average entry price of $0.3733, and an unrealized profit of $665,000. It seems both coins have been performing well.

There’s also LTC, again with 10x leverage, a position of 100,000 coins, bought at an average price of $76.83, with an unrealized profit of $135,000.

Interestingly, this trader only started trading perpetual contracts on January 11, and in just a few days, he has netted $1.64 million. He appears to be a frequent trader, making profits mainly through long leverage positions. Although he took a loss on BTC this time, his unrealized gains from other coins help him stay afloat. There are actually quite a few market experts like this, but consistent profitability is another story.

BTC3,58%
PUMP8,9%
LTC0,62%
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