In the industry for 5 years, I have seen countless cases of scythes cutting leeks, but this time the operation of the giant whale is simply a textbook-level 'retail investor baiting technique.' Let me recap the situation for you: a certain mysterious large holder closed 700 short positions of mainstream asset A, frantically snatching 76 million yet leaving 1,300 short positions 'lying in profit'; on the other hand, 12,000 mainstream asset B was quietly bought back at 3,854 dollars, knowing that this asset was previously cleared at a high of 4,282 dollars, netting a profit of 30 million with this buy and sell, instantly causing the group to boil over as if a bull market was about to explode.
But I stared at the screen without moving, the 'bloody lesson' from last year still flickering in front of me. Back then, a certain big holder also sold 300 mainstream asset A, and friends in the group shouted 'a once-in-a-lifetime buying opportunity.' I got too excited and jumped in with all my capital, thinking I could sip some broth, but they only offered a small portion and then slammed the market down to the floor. From 95,000 it fell to 82,000, and I was stuck for two and a half months before getting out, losing 30% of my capital. During that time, I had to rely on Huabei to pay rent, and now thinking back, my wallet aches.
'Holding positions to fish' tactic: Whales never fully close their positions! This time holding 1300 short positions, buying mainstream asset B at low levels, it's not about running away, but making a swing. First take some profits, the remaining positions make money off fluctuations, and can also disrupt the market with large funds, waiting for retail investors to chase and kill, then accurately harvest.
Key level trap: Mainstream asset A is stuck at 108,000 and can't break through for the third time, clearly a range! At this time, whales intentionally share profit screenshots, taking advantage of retail investors' fear of missing out. Once you rush in with a full position, they just turn around and crash the market, instantly trapping you.
Batch building position trap: Whales slowly reduce positions and buy in batches, while retail investors are 'all in!' Last year I fell for this; they only took out a small portion and shouted 'clearing positions', but I threw all my assets in, and in the end became the waiting leek.
So this time I directly: Mainstream asset A only holds 3% of the position, set a stop-loss line; mainstream asset B holds 4% of the position to test the direction, absolutely do not over-invest. Looking at the group where someone shared a 'bottom-fishing screenshot', I silently flipped through last year's loss records, the red and green lines are simply a 'warning against getting cut'.
Sure enough, at 11 PM, mainstream asset A directly pulled back to 106,000, the complaints in the group drowned out the previous frenzy: 'I got trapped again!' 'If I had known, I wouldn't have followed the trend!' And I looked at my stable position, sighed in relief. In the whale's game, what retail investors should learn is not to 'follow the trend', but to 'keep discipline'.
