MYX trader profits 300 million dollars! Buying at 1 dollar and selling at 14 dollars, the contract market has turned into an ATM, this operation is legendary!
The MYX trader's operation can be described as a "profit harvesting machine"!
They aggressively placed 20 million long orders when the price was around 1 dollar, and when the price soared to 7-8 times, they directly sold 50 million contracts, maximizing profits; when it rose to 10-14 times, they were even more ruthless, selling 130 million contracts at will, just on Binance contracts alone, they made nearly 200 million in profits.
Adding in the 100 million dollars earned on the Bybit platform, the total profit skyrocketed to 300 million dollars! Now the long positions are basically cleared, and the shorts can't operate either, this is not trading at all? Clearly, it’s a "money printing machine working at full power"!
I can't believe it! This wave of "buy low and sell high" is played so smoothly, from buying at 1 dollar to capping at 14 dollars, profits multiplied by over ten times, it's simply using market volatility as an ATM.
As for risk control? They already took profits in batches at high points, leaving behind only the "scraps".
I would call this operation the "textbook of the contract world", with precise timing and unbeatable position management, you can't argue with that!
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