Wallet 0xb8b9 recorded 29 consecutive profitable long trades totaling $2.3 million in gains last month.
Current open positions in BTC, ETH, SOL, and LINK are down over $2 million in unrealized losses.
No trades have been closed; the trader's 100% win rate is now at risk as market pressure builds.
A well-tracked crypto trader operating under the wallet address 0xb8b9, known for a perfect trade execution record, is now facing a significant unrealized loss. This trader has maintained a 100% win rate across 29 long positions placed over the past month. All trades were profitable and collectively netted over $2.3 million. However, the current crypto market shift has turned active trades into a drawdown, with open positions now down over $2 million.
Previous Performance Delivered 29 Profitable Long Positions
According to a Look on chain post on X, wallet 0xb8b9 executed 29 long trades across major assets throughout the last 30 days. These included Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Chainlink (LINK). Each entry yielded gains, with no losses recorded during that period.
https://twitter.com/lookonchain/status/1935899083170042211
Trade data shows that the average return per position contributed meaningfully to the cumulative $2.3 million profit. This level of consistency placed the trader among the highest-performing wallets during the time frame. Despite past gains, the trader’s current portfolio is experiencing negative movement.
The same crypto wallet now holds long positions in BTC, ETH, SOL, and LINK, which have collectively dropped over $2 million in unrealized value. The trader has not exited any of these positions. At press time, all four assets remain below the entry points recorded in the wallet. The scale of the drawdown currently offsets the previous monthly gains.
Open Positions Under Pressure as Historical Accuracy Faces First Major Test
Market volatility has increased across the top cryptocurrencies during this period. Bitcoin and Ethereum both faced price pressure over recent sessions. Solana and Chainlink have followed similar paths with short-term declines. These crypto movements impacted 0xb8b9’s active positions, which are now under water. The total unrealized losses across all holdings now exceed $2 million. No new trades have been recorded in the wallet since the drawdown began.
Until now, the wallet maintained an unbroken profit streak over one month. The current open losses place that record at risk. Should these trades remain open and markets continue lower, the 100% win rate would be interrupted. However, the trader has yet to close any of the positions at a loss. The situation is still unfolding, with wallet activity being closely watched.
The performance history, combined with the current unrealized drawdown, presents a test for the trader’s strategy. Market data shows price levels that remain below the wallet’s recorded entry points. Any further losses could significantly affect the cumulative profit margin established earlier
