From 50,000 in debt to a comeback in the crypto world: The 3 key points I grasped when TRB plummeted by 75%

In the early hours of January 1 last year, the crypto market experienced a shocking flash crash.

The price of TRB dropped from $615 to $158 in just 3 hours, with a daily decline of 74.6%, and the total liquidation amount across the network exceeded $68 million.

But in this bloodbath, I not only emerged unscathed but achieved a 12-fold increase in my capital, with the core being the 3 key actions completed 2 hours before the crash.

1. On-chain anomaly warning: cracking the dealer's manipulation code

Late at night on December 31, 2023, TRB's on-chain data showed three major warning signs:

Whale movements: A leading whale address transferred 420,000 TRB (17% of the circulating supply) to the exchange on December 30, indicating an intention to drive the price up for unloading.

Funding rate imbalance: The funding rate for Binance perpetual contracts soared to +1.8% (normal range ±0.03%), indicating an unusually high cost for long positions.

Price disparity trap: The price of TRB on the OKX platform was 18% higher than on Binance, creating a false sense of prosperity.

Based on these signals, I immediately cleared my spot positions and opened a 15x short position at $598 on OKX, setting the stop-loss at $610, controlling the risk at 2.1%.

2. The art of survival amid plummeting prices: A guide for retail investors

At 6 AM on January 1, TRB's price began to free fall. My response strategy consisted of three steps:

Laddered take profits: Close 50% of the short position when the price drops to $320;

Close another 30% at $280; hold the remaining 20% until exiting completely at $230, achieving a total return of 9.3 times.

Risk hedging: Convert 35% of profits into USDT stablecoins to build a safety cushion against extreme fluctuations.

Precision bottom fishing: When the price reached $185, I observed a whale accumulation signal with 87,000 TRB flowing out of the exchange, decisively buying spot at $192, and liquidating at $345 after 48 hours, making a profit of 1.78 times.

This battle proved: The key to survival in the crypto world is not predicting prices but constructing a data-driven trading system.

When most people are driven by emotions, rationally executing a trading plan is the only way to turn a crisis into an opportunity. True experts always remain clear-headed when others are fearful and adhere to discipline in chaotic markets.

I have used 80% of the technical methods in the market. If you want to treat crypto trading as a second profession to support your family.

Follow me @加密大师兄888 Many souls are lost on the crypto road, only those destined will be taken across, currently accepting apprentices...