Meet the man who shorted $LUNA at $90 👀
The man who turned $1k into $1B.
The man who turned trading into an art.
Learn the lessons from GCR, here’s how he did it.
{I found his wallet for you} 🧵👇
⬇️⬇️⬇️
@GCRClassic - you will remember his name for life.
He is a prominent and anonymous cryptocurrency trader known for his accurate market predictions and contrarian strategies.
He gained fame in Crypto and was a prominent trader on the FTX exchange before its collapse.
⬇️
The identity of GCR and his complete professional background remain a mystery. He started his crypto journey with $1,000.
He initially gained prominence through political and sports forecasts.
The well-known $LUNA situation began on May 9, 2022.
GCR publicly challenged Do Kwon with a $10 million bet that the price of Luna would decrease in a year.
But he actually went further lol, by shorting LUNA for an additional $10M on the FTX exchange.
Although Do Kwon never accepted the bet, GCR still profited from his short position, putting $6,000,000 in his pockets.
⬇️
He also gained popularity with memecoins in 2021.
Posting his old prediction about $SHIB.
He said that if you invest 20 ETH in August 2020 in $SHIB and wait 5 months,
You would make $40,000,000.
But in reality, it turned out even better lol, because you would only need 2 ETH to turn it into $40,000,000.
What is GCR's net worth?
GCR's net worth is estimated to be around $398 million.
This estimate comes from his recent articles, which mentioned keeping 10% or less of his net worth as collateral on centralized exchanges.
He withdrew approximately $40 million from Binance, considering his collateral strategy, we can calculate his net worth +/- .
- If this thread was helpful for you, follow me for more educational content, stories, or altcoin recommendations.