Whale "0xddc" resumes shorting BTC after recently closing a short position
BlockBeats News, on October 15, according to on-chain AI analysis tool Coinbob monitoring, a whale address starting with "0xddc" opened a new BTC short position at 1:00 am (GMT+8) today, with a price of $118,200, increasing its position by 150 BTC (approximately $16.8 millions).
It is worth noting that this address had just closed all its BTC and ETH short positions for profit last night. Around 0:30 am on October 15, after Powell delivered a speech, the trader re-entered the market. During the same period, a BTC OG whale under continuous monitoring also gradually took profits and withdrew funds.
This trader has recently focused on shorting mainstream coins, with a monthly win rate as high as 77.8%. Their BTC short positions are adeptly arranged in a "grid" layered strategy, with each position controlled between 5%-15% of margin, overall leverage of 10-20x, and showing a typical mid-to-short-term swing rhythm (average holding time about 30 hours). In addition, this address is highly active between 09:00-12:00 and 14:00-17:00 (GMT+8), with a bearish yet stable trading style, skilled at taking profits in batches at low levels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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