A popular address has completed a pyramid-style short position layout, planning to close shorts and go long when BTC drops to $82,000.
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On January 6, Coinbob monitoring showed that the trader with a "100% win rate and low drawdown" has completed 100 pyramid-style BTC short positions, with an average price of $91,900, currently at a floating loss of 36%. This address has set about 100 buy orders densely in the $80,000 to $87,000 range, planning to close shorts and go long if the price drops to $82,152. Since January this year, this address has accumulated a profit of $260,000 from an initial capital of about $50,000. The trading style leans towards a pyramid hedging grid strategy, earning from price fluctuations by layering long and short orders. Another trader, "Paul Wei," adopts a stable 2x leverage strategy and is currently holding BTC long positions with an average price of $88,800, with a floating profit of 10%. He has partially taken profits today and has accumulated a profit of $4,100 since November 16.
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