The cryptocurrency shark group 'Insider Brother' has made a spectacular victory in the BTC market
The groundbreaking short selling strategy of the community shark
In the wave of intense volatility in the cryptocurrency market, the big shark nicknamed 'Insider Brother' has made a deep impression. This person opened a short position on Bitcoin (BTC) since May when the value of BTC continuously turned upward. Although experiencing several liquidation events, his position reached a low, but then the counter-strategy yielded worthy results.
Spectacular profit-taking, turning losses into wins
In just over a month, from May 21, the short position of 'Insider Brother' has turned profitable. With a total open position value of 110 million USD, an average opening price of 107,766 USD/BTC, he has escaped losses, bringing an average profit of 2.27 million USD. By increasing his position on June 13, he amplified his profits, demonstrating excellent market reading ability.
Strategy metrics and market predictions
The current short position of this shark consists of 40 layers, totaling 1,111 BTC. The opening price of the position is 107,766 USD, the liquidation price is 111,038 USD, reflecting the ability to control risk with a suitable strategy. With this model, investors can consider market trends, identify optimal entry and exit points based on technical analysis and BTC price volatility in the near future.
Summary: Opportunities and risks in cryptocurrency trading
The short selling strategy of 'Insider Brother' shows that even in periods of high volatility, accurate moves and the ability to read the market can yield substantial profits. Investors need to carefully consider risks, always monitor technical and macro indicators to support decisions, in order to maximize profit potential in this ever-evolving cryptocurrency market.
Source: https://tintucbitcoin.com/lai-227-trieu-usd-tu-short-bitcoin-40x/
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