[Swing trader with an 81% win rate on ETH and BTC] Sold 16,677 ETH on-chain for 50 minutes ago, exchanging it for 50.88 million USDT, with a selling price of $3,051.

Do you still remember [the wave trader with an 81% win rate for ETH and BTC]?
Recently, his last two trades have been "bad":
◎ He liquidated his position and shorted before BTC took off;
◎ 10 hours ago, after stopping his losses and closing his short position, he bought back ETH, and then ETH dropped by $100 😂

Details:
1. At the end of March, he bought BTC at a price of $85,751, which would have been over $10 million in profit if he held until now. Unfortunately, in mid-April, he liquidated his position at $84,426 before the price took off, and a few days later, BTC soared to $110,000 without looking back.
2. Selling off wasn't too bad, but after selling the spot, he also borrowed 124 WBTC to short at a price of $84,558. He bought back the 124 WBTC to repay at a price of $104,444 just 10 hours ago, incurring a loss of $2.47 million.
3. After repaying and closing his short, he used 43.36 million USDT to buy 16,638 ETH, with an average purchase price of $2,606. Currently, the ETH price is already $100 below his purchase price. He is now facing a floating loss of $1.66 million.

Address👉: 0x6c2a355929ee1262305e385ad49b84fe5f5a4777